John,
With billionaire wealth at an all-time high, we’re shining a spotlight on how billionaires are using their power and influence to buy our democracy.
This week, we reported that America’s 916 billionaires are now worth a combined $8 trillion.[1] And we released our latest report detailing how just 62 billionaires and their heirs have sunk $18.7 million into New York City’s mayoral race―supplying more than one-third of all outside-group spending.[2]
Whether it’s at the federal level where 100 billionaire families spent a record $2.6 billion to influence the 2024 presidential election,[3] or the NYC mayor’s race, billionaires are drowning out the voices of everyday people in order to buy our democracy.
Our research and advocacy are critical to holding billionaires accountable and demanding a democracy of, by, and for the people. Donate today to bring our independent research to voters across the country and take our democracy back from the billionaire class.
Whether it’s Michael Bloomberg’s $8.3 million spent on the NYC mayor’s race or Elon Musk’s $278 million spent on the 2024 presidential election, billionaires are seeking to protect their obscene wealth while silencing the voices of working people who want nothing more than an economy that works for everyone, not just the wealthy few.
Together, we’re demanding millionaires, billionaires, and their corporations pay their fair share in taxes, because when they do, we can invest in our communities and our future.
Donate today to power our research and advocacy that is holding billionaires accountable and defending our democracy from the oligarchs.
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Thank you for demanding an economy that puts working people first.
Pablo Willis
Communications Director
Americans for Tax Fairness Action Fund
[1] Billionaire Wealth Tops $8 Trillion Amid Federal Shutdown
[2] Billionaires Buying Gracie Mansion
[3] Billionaires Buying Elections: They’ve Come to Collect
