John,
Together, we’re having a major impact on President Biden’s focus on taxing the rich to invest in our country’s future.
This week, one-year into the pandemic, Americans for Tax Fairness released a new report detailing the extraordinary wealth gains of America’s 657 billionaires. They are 45% wealthier today than a year ago and there are 43 newly minted billionaires since the pandemic began. At the same time, tens of millions of Americans have lost work and income, while millions have fallen into poverty and struggle to afford basic needs like housing and food.
Thanks to you, we’re one step closer to ensuring the rich pay their fair share in taxes. Take a look at this recent headline:
As President Biden prepares to introduce his Build Back Better plan to invest at least $3 trillion in infrastructure, clean energy, healthcare, education and more ― we’re building support for a progressive tax plan that makes the rich and corporations pay their fair share to help cover the cost.
Senator Elizabeth Warren’s wealth tax, alone, would raise $3 trillion in revenue from the nation’s richest 0.05% of households. And we have more proposals on the way to make sure the rich are paying their fair share.
Donate today to remind Congress that when millions of Americans elected Joe Biden and Kamala Harris president and vice president, they were rejecting Donald Trump’s tax scam for the rich and demanding that we tax the obscene wealth gains of billionaires and corporations to invest in our future.
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Thank you for all that you continue to do for the future of our country.
Frank Clemente
Executive Director
Americans for Tax Fairness