John,
Last March, when the pandemic was just taking hold, Senate Republicans snuck a huge tax break into the initial round of COVID relief. The so-called “Millionaires Giveaway” handed an average $1.6 million tax cut to each of 43,000 millionaires.
Since then, congressional Republicans have complained as Democrats, and now President Biden, have demanded additional COVID relief to match the scale of the crisis. Republicans complain about deficit spending, even as thousands die each day from COVID-19 and millions remain unemployed and working for reduced pay.
Read Frank’s email below to learn more about what is included in President Biden’s “American Rescue Plan” and then write to your members of Congress today and tell them that this is not a time for political games. It’s time for a pandemic response that meets the urgency of the moment.
The reality is, that while millions of Americans struggle through this deadly health and economic crisis, millionaires and billionaires continue to do incredibly well, with America’s 660 billionaires alone realizing a $1.1 trillion increase in their wealth since last March, according to a new Americans for Tax Fairness report.[1]
Write to your Representative and Senators today and demand they pass a pandemic relief bill at the scale of President Biden’s “American Rescue Plan.”
Thank you for holding our elected officials accountable at this moment of critical need.
Mark Rickling
Policy and Legislative Director
Americans for Tax Fairness Action Fund
[1] “
10 Months Into Crisis, U.S. Billionaires’ Wealth Continues to Climb, Up $1.1 Trillion—Nearly 40%,” Americans for Tax Fairness and Institute for Policy Studies, Jan. 26, 2021
-- Frank's email --
Tell Congress:
“Now is not the time for political games. Pass a pandemic relief bill, at least to the scale of President Biden’s ‘American Rescue Plan.’”
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John,
Just one week into Joe Biden’s presidency, he’s already getting pushback from Senate Republicans unwilling to work with him on a critically needed COVID relief package. CNN is reporting, “even moderate [Republicans] like Sens. Susan Collins of Maine and Mitt Romney of Utah ― have expressed doubts or opposition to passing another major relief bill on the heels of the $900 billion package.”[1]
Just before taking office, Joe Biden proposed a comprehensive $1.9 trillion pandemic relief package, which includes $1,400 in direct payments to individuals, $400-a-week supplements to unemployment benefits, and an expanded child tax credit, which, according to Columbia University, would cut child poverty in half within the first year.[2]
Those and other items benefitting working families could be paid for by the $1.1 trillion in obscene wealth gains of America’s 660 billionaires since the pandemic began last March, according to a new Americans for Tax Fairness report.[3]
Write to your members of Congress and demand they pass a COVID relief bill to the size and scale of President Joe Biden’s “American Rescue Plan.”
Additionally, another $250 billion of the plan could be paid for by repealing the Millionaires Giveaway that Republican Senators snuck into the CARES Act (the original COVID relief package), passed last March. That provision provides an average $1.6 million tax cut to each of 43,000 millionaires. Outrageous!
With more than 420,000 deaths already from COVID-19, and millions out of work or working for reduced pay, the American people need an immediate lifeline.
Click here to write to your Representative and Senators and demand they pass a pandemic relief bill that meets the urgency of the moment.
This is a time for action, not political posturing. Thank you for taking action today.
Frank Clemente
Executive Director
Americans for Tax Fairness Action Fund
[1] “Biden is no longer afraid to spend big on economic relief. Here's what's changed since 2009,” CNN, Jan. 25, 2021
[2] “The Potential Poverty Reduction Effect of President-Elect Biden’s Economic Relief Proposal,” Columbia University’s Center on Poverty and Social Policy, Jan. 14, 2021
[3] “10 Months Into Crisis, U.S. Billionaires’ Wealth Continues to Climb, Up $1.1 Trillion—Nearly 40%,” Americans for Tax Fairness and Institute for Policy Studies, Jan. 26, 2021