Hi Friend,
Billionaires are gaming the system—and Congress is letting them.
The “Buy, Borrow, Die” loophole is billionaires’ golden ticket: they buy assets that soar in value, borrow against them to fund their luxury lifestyles tax-free, and then pass everything to heirs without ever paying taxes. Meanwhile, working families get taxed every paycheck, every time.
This scam steals trillions from schools, healthcare, housing, and climate action—all so billionaires can live tax-free. Senator Ron Wyden tried to stop it in 2023 with the Billionaires Income Tax Act, but lobbyists crushed it. Now Wyden is expected to bring the bill back. This is our shot—and we can’t let the billionaires win again.
Tell Congress: “Make billionaires pay their fair share of taxes. Close the ‘Buy, Borrow, Die’ loophole.”
Under Donald Trump, prices for groceries, gas, and rent are skyrocketing while billionaires laugh their way to the bank. As The Atlantic revealed, “Buy, Borrow, Die” isn’t a loophole anymore—it’s the billionaire business model. It’s unfair, it’s destructive, and working people are demanding action.
With the midterm elections rapidly approaching, Congress has a choice: side with everyday Americans or keep letting billionaires rob the country blind. End the scam that erases taxable gains at death. Tax billionaires on their unrealized gains every year. Shut down the borrowing tricks that let the rich live tax-free. It’s common sense.
Add your name and demand Congress pass legislation to kill “Buy, Borrow, Die” once and for all. Let’s prove that billionaires don’t run this country—we do.
Thanks for everything you do.
Josh
