With his billions, he’s gained a tremendous amount of power.
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** Take Action: Tax Elon Musk before he becomes a trillionaire! ([link removed])
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Friend,
Elon Musk is on pace to become the world’s first trillionaire. Yes, trillionaire.
Musk, the wealthiest man in the world, has a net worth currently estimated at $253 billion. But according to a new report from the wealth-tracking organization Informa Connect, if he sustains his current annual growth rate of 110% per year, Musk could become the world’s first trillionaire by 2027.
Musk has made his fortune as the head of companies that don’t pay their fair share of taxes. He’s taken advantage of an American tax system full of loopholes for the wealthy. And with his billions, he’s gained a tremendous amount of power.
While Musk funds a right-wing super PAC and Trump offers Musk a role in the White House, Congress must protect taxpayers and our democracy by taxing billionaires before they become trillionaires.
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Wealth inequality in America is completely out of control. Musk having a role in the White House to “reduce waste and needless government regulation” will only make it worse. “Reducing waste” is what Republicans say when they want to slash Medicare and Social Security benefits while protecting corporate profits and tax breaks for the rich. When the GOP talks about “needless government regulation,” they’re talking about environmental protections, labor rights, and food safety. It’s a disgrace — just like Musk’s extraordinary wealth.
Musk doesn’t belong in our government. He should have LESS power, not more. Tell Congress: The time has come to break up the oligarchy and raise taxes significantly on billionaires, before they become trillionaires. ([link removed])
Sign the petition: Raise taxes on billionaires like Elon Musk! ([link removed])
Thanks for taking action,
The whole Common Dreams team
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