This Tax Day call on Congress to #TaxtheRich so we can invest that money
in care programs all our families need!
[ [link removed] ]Take Action Now
[ [link removed] ]SIGN NOW
Dear Friend,
Today is Tax Day (did you remember to file your taxes?? You have until
midnight tonight) and we want to send a very loud, strong, and powerful
message to the U.S. Congress that today is the day to take action to make
sure wealthy individuals and corporations pay their fair share in taxes
once and for all so we can pay for the care programs all our families
need!
[ [link removed] ]***SIGN OUR LETTER to the U.S. Congress telling them to make wealthy
individuals and corporations pay their fair share in taxes in order to
invest in paid leave for all, child care, care for the aging and people
with disabilities, and the expanded Child Tax Credit!
All of us will need to care for ourselves or a loved one at some point in
our lives. Care work is the work upon which all other work depends, and
which holds up our economy. But care costs too much for families to
afford, even as care workers – overwhelmingly women and disproportionately
women of color – are not paid enough to support themselves and their own
families. Individuals and families can’t solve the care crisis on their
own. We need to treat care as a public good, which requires public
investments passed by our leaders in Congress.
It's wrong to ask families caring for loved ones and struggling to meet
caregiving needs to pay for tax breaks for wealthy corporations and the
wealthiest one percent. We should not give huge tax breaks to wealthy
corporations that exploit loopholes and avoid taxes by stashing profits
offshore, while working families are forced to solve the care crisis on
their own.
The solutions are easy—and bills already exist in Congress supporting
these ideas, along with the strong support of President Biden– we need to
rewrite our tax code to make wealthy individuals and corporations pay
their fair share in taxes in order to invest in care policies like a paid
leave guarantee and funding for child care and care for the aging and
people with disabilities.
[ [link removed] ]SIGN OUR LETTER now calling on Congress to use this Tax Day as a
starting point to make sure the wealthy and big corporations pay their
fair share in taxes in order to fund the care economy!
It’s amazing what wealthy individuals and mega-corporations are getting
away with while our families are living paycheck to paycheck and paying
taxes to contribute to the rich getting richer. A new study by Americans
for Tax Fairness found that billionaire wealth has nearly doubled—up $2.9
trillion—since enactment in late 2017 of a new tax law that favors
billionaires and wealthy corporations. Under current rules, none of that
nearly $3 trillion in wealth gain–the main form of income for the
ultra-wealthy–may ever be taxed. [1] But if we were to pass the newly
introduced Ultra-Millionaire Tax Act, for example, the wealthiest 100,000
households in America (or the top 0.05%) would have to pay a minimum tax
that would bring in at least $3 trillion in revenue for 10 years. Imagine
what we could do with that money!? We could help make investments in
programs that all of our families and economy needs like child care, paid
family and medical leave, the expanded Child Tax Credit, and aging and
disability care.
Other opportunities exist as well. Next year, many pieces of the 2017 tax
law will be set to expire. We should let those failed policies expire and
replace them with laws that lift up all of us–not just the lucky few. We
can pass tax policies that make the wealthy pay their fair share AND help
working families and our economy, like making the expansion of the Child
Tax Credit permanent.
[ [link removed] ]Help us make our voices heard this Tax Day on Capitol Hill by signing
our letter now!
Don’t forget to file your taxes today….and don’t forget to sign our letter
either!
-Elyssa, Donna, Kristin, Hanna, and the whole MomsRising.org &
MamásConPoder Team
P.S. Check out the results of [ [link removed] ]a new poll MomsRising conducted with
National Women’s Law Center and Lake Research Partners on the popularity
of taxing the wealthy and corporations in order to fund care programs that
help all families!
References:
[1] [ [link removed] ]Americans for Tax Fairness. “As Tax Day Approaches, New Study Finds
U.S. Billionaires Now Worth Record $5.8 Trillion.” April 8, 2024.
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