Team,
This week, taxes were due for the millions of middle-class families who pay their fair share.
It's a good time to remember that millionaires and billionaires are evading over $150 billion a year in taxes, according to the IRS. Working people are picking up the tab for those wealthy tax cheats.
Republicans are doing everything they can to further lower taxes for rich people – and to allow wealthy tax evaders to continue breaking the law. Democrats' Inflation Reduction Act gave the IRS more resources to crack down on ultra-rich tax evaders. Every single member of the GOP voted against it but we passed the bill anyway. Republicans have been trying to defund IRS enforcement ever since.
A main plank of the Republican Party platform is making the rich richer.
As President Biden has said: “No billionaire should pay a lower tax rate than a teacher, sanitation worker, or a nurse.” I couldn’t agree more. We need a fairer tax system that doesn’t give billionaires special treatment.
That’s why I introduced the Paying a Fair Share Act to codify the so-called "Buffett Rule," ensuring that people who make over a million dollars a year pay at least 30 percent of their income in taxes. Those who have benefited the most from what this country has to provide are best positioned to pay their fair share into the system. Middle-class families should not have to shoulder the burden on their own.
If you agree, will you chip in to my re-election campaign so I can continue my work to level the playing field for Americans?
Thanks for everything.
- Sheldon
