James, it’s not inflation when corporations are raking in record profits.
Last year, corporate profits hit a record high of $2.8 TRILLION after taxes — all while charging outrageously high prices for gas, rent, food, and prescription drugs.
This level of greed is disgusting, and Americans are sick of getting ripped off!
Bernie Sanders is sick of it too, and has just introduced legislation for a 95 percent windfall tax on the excessive profits of large corporations that are using inflation as an excuse to charge the American people outrageous prices.
Had this been in effect in 2023, it would have raised an estimated $300 billion in one year from ten of the largest corporations alone!
Stand with Bernie: Congress must pass Bernie’s Ending Corporate Greed Act now!
While we pay more for the necessities of life, big corporations are spending record amounts on buying back their own stocks with their excess profits.
In fact, corporations spent $4.4 TRILLION on stock buybacks this past year — that’s 7x more than they paid in taxes!
Bernie and our progressive movement have successfully put this issue on the table in Washington and made it popular with the majority of Americans. Let’s keep pushing for a win against corporate greed!
Add your name: Demand a 95% windfall tax on the excessive profits of mega corporations who are ripping us off.
When we organize, we win.
Our Revolution
