Friend,
Working class New Yorkers are facing the worst financial crisis since the Great Depression. But our state’s 119 Billionaires have gained $77 Billion DURING the COVID-19 crisis.
Governor Cuomo refuses to raise taxes on the ultra-rich. In fact, he spends all day on the phone with Billionaires begging for donations. Meanwhile, Bernie Sanders just introduced the Make Billionaires Pay Act.1 The Make Billionaires Pay Act would place a one-time 60% tax on the growth in billionaire wealth between March 18 and the end of the year. This is the kind of leadership we need.
Even before COVID-19, New York had some of the worst income inequality in the country. COVID-19 has only accelerated this. We need real relief for renters and excluded workers. We need to help the newly unemployed pay for healthcare. We need funding to support working parents losing income without childcare. We need to make billionaires pay.
Best,
Alicé Nascimento
1 https://www.commondreams.org/news/2020/08/06/sanders-bill-tax-obscene-pandemic-windfall-billionaires-would-empower-medicare-cover