TELL CONGRESS: Elon Musk has taken advantage of the broken tax system to
amass a fortune. Now, he’s funding a right-wing Super PAC to exert even
greater influence in our political system. Sign the petition: End the 2017
Trump tax cuts and raise taxes on Elon Musk!
[ [link removed] ]ADD YOUR NAME
Hi,
Billionaires like Elon Musk have benefitted from a slew of tax breaks and
loopholes, including the Trump administration’s 2017 tax cuts.
Tesla paid no federal income taxes between 2018 and 2022.^1 Then, the
company turned around and approved a $56 billion pay package for CEO Elon
Musk.^2
Elon Musk takes advantage of the broken American tax system to get richer,
and has amassed tremendous power in corporate America and our political
system. Now, he’s putting millions into a right-wing Super PAC, so that he
can have even greater influence over our politics.^3 This is exactly why
Congress needs to END the Trump tax cuts and drastically increase taxes on
billionaires and corporations.
[ [link removed] ]Sign the petition: End the 2017 Trump tax cuts! Make Elon Musk, the
ultra-wealthy, and corporations pay their fair share.
ADD YOUR NAME
Musk has so much political power because of the outrageous wealth he’s
acquired thanks to a broken American tax system that favors billionaires
and their corporations, like Tesla and SpaceX.
Congress can end the unlimited, runaway wealth of America’s billionaires
(which stands at $5.2 trillion).^4 Our lawmakers must take action to
address economic inequality, the dangerous level of power held by the
ultra-wealthy, and threats to our democracy.
[ [link removed] ]Add your name: Congress must end the 2017 Trump tax cuts and TAX
billionaires like Elon Musk.
Thanks for taking action,
Joey and the team at Demand Progress
[ [link removed] ]DONATE
Sources:
1. Yahoo, “Tesla paid no federal income taxes while paying executives
$2.5 billion over five years,” [ [link removed] ]March 13, 2024.
2. NBC, “Elon Musk wins Tesla shareholder vote for $56 billion pay
package,” [ [link removed] ]June 13, 2024.
3. Wall Street Journal, “Inside Elon Musk’s Hands-On Push to Win 800,000
Voters for Trump,” [ [link removed] ]August 12, 2024.
4. Americans for Tax Fairness, “U.S. Billionaires Now Worth a Record $5.2
Trillion,” [ [link removed] ]November 30, 2023.
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