From Wealth Tax Alert <[email protected]>
Subject Sign the petition to tax the rich
Date March 30, 2021 2:02 PM
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Hi,

[ [link removed] ]Elizabeth Warren has vowed to make Amazon pay their taxes -- and Amazon
is resisting. Will you sign the petition to tax Jeff Bezos and other
billionaires?

Senator Warren is determined to tax the wealthiest people and the biggest
corporations in America, who aren't paying what they should. This week she
called out Amazon for "exploiting loopholes and tax havens to pay close to
nothing in taxes."^1

Amazon didn't like that. In a whiny, defensive response, they tweeted "If
you don't like the laws you've created, by all means, change them."^2

That's exactly what we plan to do. Will you stand with Elizabeth Warren
against Jeff Bezos, Mark Zuckerberg, and other billionaires and their
companies that are not paying what they should be?

[ [link removed] ]Become a grassroots supporter: Tell Congress it's time that the
wealthiest Americans pay more taxes!

ADD YOUR NAME

As the pandemic exposed the deepest faults in American society, wealth
inequality has taken off to new extremes. The wealthy have seen rising
investment values, while the rest of the US is careening down a path
marked with evictions, debt, and unemployment.

Billionaires like Bezos, Gates, and Zuckerberg have made more than $900
billion during the pandemic.^3 Warren's plan would create a two percent
tax on assets over $50 million dollars, which would generate $2.75
trillion over ten years.^4 Now it's time to show Congress this has public
support.

Economists have warned of a K-shaped recovery from the covid crisis --
meaning that the rich will get richer, and the poor will get poorer.^5

That's why we're asking Congress to tax the wealthiest Americans -- those
with a net worth of over $50 million. Taxing the 75,000 families with over
$50 million could help fund universal childcare, Medicare for All, free
college, and more.

Warren's tax would mean that a family with a net worth of $60 million
would pay a two percent tax on their assets over $50 million ($10
million). Billionaires would be taxed three percent on assets over one
billion dollars.

Warren's proposal is our best bet at passing a wealth tax, and getting
ultra-rich millionaires to pay up.

[ [link removed] ]Can you tell Congress to pass a wealth tax?

Thank you for speaking out,

Robert and the team at Demand Progress

[ [link removed] ]DONATE

Sources:
1. Elizabeth Warren on Twitter, [ [link removed] ]March 25, 2021.
2. Amazon on Twitter, [ [link removed] ]March 25, 2021.
3. USA Today, "Jeff Bezos, Elon Musk among US billionaires that got richer
during coronavirus pandemic," [ [link removed] ]December 1, 2020.
4. New York Times, "Warren Revives Wealth Tax, Citing Pandemic
Inequalities," [ [link removed] ]March 1, 2021.
5. Washington Post, "How a K-shaped Recovery is Widening US Inequality,"
[ [link removed] ]December 16, 2020.
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