Right now, the wealthy pay a lower tax rate on investment income than many regular working people pay on wages.
John,
We’ve been throwing a lot of ideas and plans at you lately, courtesy of President Biden: The American Jobs Plan; the Made in America Tax Plan; the American Families Plan.
What do these plans mean? And what do they include?
Our allies at More Perfect Union have put together this excellent video explaining how President Biden’s plans will raise taxes on the rich and corporations and invest in our future—from jobs to infrastructure to childcare and more.
Right now, the wealthy pay a lower tax rate on investment income than many regular working people pay on wages. Dozens of large profitable corporations are making billions of dollars in profits each year, yet paying $0 in federal income tax.
Thank you for fighting by our side, demanding the rich and corporations pay their fair share.
Andrea Haverdink
Digital Director
Americans for Tax Fairness
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