John,

Today, thanks to your hard work, we just had a major victory on behalf of the American people.

In passing the HEROES Act―the latest round of COVID-19 response legislation―the U.S. House voted to repeal the #MillionairesGiveaway. Originally estimated to lose $135 billion, the closing of this loophole and making it permanent will now raise about $250 billion from wealthy business owners to help families and communities during these desperate times.[1]

Mitch McConnell and Senate Republicans snuck the loophole into previous pandemic response legislation, which resulted in an average $1.6 million tax handout to 43,000 millionaire business owners this year. The rest of us got up to $1,200 per adult.

At a time when so many people and families are hurting, it’s unconscionable that the GOP would engage in pandemic profiteering to pad the pockets of the rich and corporations. Now, with this legislation moving to the U.S. Senate, let’s raise our voices once again!

Sign the petition to the U.S. Senate demanding that they pass the HEROES Act while keeping the full repeal of the #MillionairesGiveaway. Instead of more tax giveaways for the richest 1%, we must put aid where the need is greatest.

Americans for Tax Fairness Action Fund is leading a national campaign to repeal this egregious #MillionairesGiveaway. And, thanks to you, the U.S. House responded―passing a bill that protects public health; provides funding that helps keep workers employed and gives more direct aid to families; and supports our states and municipalities that are on the frontlines of this pandemic.

Thank you for your continued support as we fight together for a pandemic response that puts people first.

Frank Clemente

Executive Director
Americans for Tax Fairness Action Fund

[1] Americans for Tax Fairness, “‘Heroes’ Act Raises $250 Billion By Repealing Huge Tax Cut For The Rich,” May 15, 2020