John,
While most families have had to grapple with the difficult realities of the pandemic, that hasn’t been the case for the 630 U.S. billionaires.
A new Americans for Tax Fairness report shows that the total net worth of these billionaires has jumped $434 billion, or by 15%, between March 18 – May 19 this year. And, this report is receiving major news coverage.
Jeff Bezos (the founder of Amazon and the world’s richest person) and Mark Zuckerberg (the founder of Facebook) combined saw their fortunes grow by nearly $60 billion during a two month span that saw over 38 million Americans lose their jobs. Their wealth jumped by an incredible 30% and 46%, respectively―so OUTRAGEOUS!!!
Fight back against those who are profiting off of the pain and suffering of millions of U.S. families in the midst of a pandemic. Pitch in $5 today!
At a time when Donald Trump and congressional Republicans’ response to the pandemic has been to call for more tax cuts for the rich and corporations, including cuts to Social Security and Medicare benefits, ATF research is shining a spotlight on pandemic profiteering while demanding that aid be directed where the need is greatest.
Donate $5 today to fight to repeal the #MillionairesGiveaway and other policies that put the profits of the richest 1% ahead of the needs of people, communities and small businesses in need.
If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:
The pandemic has revealed the deadly consequences of America’s widening wealth gap, and billionaires are the glaring symbol of that chasm of economic inequality.
Immediately, the “Millionaires Giveaway” should be repealed in the next Senate pandemic financial aid package, as it was done in the House HEROES Act two weeks ago―thanks in no small part to your activism. The resulting $250 billion raised must be used to rescue struggling families and communities. Post-pandemic, the rich and corporations must begin to pay their fair share of taxes so we can build a society that works for everyone, not just billionaires and others at the top.
Fight back against policies that put millionaires and billionaires ahead of U.S. families in need.
Thank you for demanding a tax system and an economy that works for everyone, not just the wealthy few.
Frank Clemente
Executive Director
Americans for Tax Fairness Action Fund