Friend —
As a billionaire, I’ll let you in on a secret: I’m entitled under current Republican law to pay less on my annual taxes than most Americans. For years, the GOP has claimed that if other wealthy families and I pay less in taxes, magically, everyone else will benefit.
As a former investor, I’ll let you in on another secret: none of that actually works.
I believe that it’s time for a new wealth tax in this country: 1% annually on the wealthiest 0.1% of Americans. That’s a negligible amount for the richest among us, but will make a massive difference to our country —
add your name if you’re with me.
Tax cuts for the richest Americans only benefit the richest Americans. And it’s not fair to the millions of hard-working people who aren’t worth $32 million. It means roads aren’t getting fixed, schools aren’t being properly funded, and too many people can’t find affordable housing.
I’ll pay more under my own tax law, and that’s a good thing. Our country gets stronger when we all do our part, not when the powerful write laws that benefit themselves at the cost of everyone else.
As president, I’ll put people first — and that starts with instituting a simple wealth tax that would go a long way in covering the costs of mitigating climate change with clean energy investments, upgrading our voting machines, paying off national student debts, and more.
Say you're with me:
