Hi,

[ [link removed] ]Will you sign the petition to tax the billionaires?

Some of America's billionaires are not happy about the prospect of having
to pay a little bit more in taxes. One of them, Leon Cooperman, is raging
against Senator Elizabeth Warren's wealth tax plan.

Warren invited him to testify in front of the Senate. He refused, going on
CNBC to argue for abolishing the Department of Education instead of taxing
billionaires. He even said "segregation is over, okay?" even though many
American schools remain segregated.^1

The American people strongly support taxing the rich.^2 President Biden
spoke in favor of it during his speech last week. But some Democrats like
Senator Joe Manchin are hesitant, and may listen to corporate lobbyists
instead and oppose wealth taxes.^3 Now is the time to show Congress you
want them to tax the rich!

[ [link removed] ]Sign the petition: Tell Congress it's time that the wealthiest
Americans pay more taxes!

[ [link removed] ]ADD YOUR NAME

Billionaires like Jeff Bezos, Bill Gates, and Mark Zuckerberg have made
more than $900 billion during the pandemic.^4 Warren's plan would create a
two percent tax on assets over $50 million dollars, which would generate
$2.75 trillion over ten years.^5 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.^6

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. Business Insider, "Billionaire Leon Cooperman slams Elizabeth Warren's
wealth tax again, suggests eliminating the Education Department instead,"
[ [link removed] ]April 30, 2021.
2. Data for Progress, "A wealth tax on ultra-millionaires is a winning
strategy for Democrats," [ [link removed] ]March 1, 2021.
3. Financial Times, "Democrats are among the doubters of Biden’s plan to
tax the rich," [ [link removed] ]April 27, 2021.
4. USA Today, "Jeff Bezos, Elon Musk among US billionaires that got richer
during coronavirus pandemic," [ [link removed] ]December 1, 2020.
5. New York Times, "Warren Revives Wealth Tax, Citing Pandemic
Inequalities," [ [link removed] ]March 1, 2021.
6. Washington Post, "How a K-shaped Recovery is Widening US Inequality,"
[ [link removed] ]December 16, 2020.
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