It’s simply not true that we need to raise taxes on workers or small businesses to fund life saving policies like a $15 minimum wage or Medicare for All.
We can fund those policies and more by cracking down on the ones responsible for roughly 70% of the “tax gap”, or the difference between taxes paid and taxes owed: the wealthiest 1% of Americans.
Introducing: Ro’s Stop CHEATERs Act, which is as simple as 1-2-3:
Before we dive into more of the details, we have one request of you: Will you chip in $3 (or whatever you can afford today) to support Ro’s bold, progressive leadership in Congress? We’re 100% grassroots-funded, so we rely on donations to these emails to fund Ro’s advocacy and re-election efforts.
So, how did we get to the point where wealthy individuals and massive corporations pay little to no taxes and face zero consequences for their behavior?
The answer: The IRS has been *severely* underfunded over the last two decades, even though more individuals and businesses are filing taxes than ever before. Without enough resources to enforce the rules, the IRS is basically no match for the ultra-rich and their tax-dodging tricks.
Ro’s bill would provide the IRS the funding it needs – with one big condition: Focus enforcement on the wealthiest corporations and individuals. By giving the IRS the tools to properly tackle tax evasion, the Stop CHEATERS Act will finally hold millionaires and billionaires to the same standard as ordinary, honest people who pay their tax bill every year.
Unsurprisingly, Ro’s Stop CHEATERs Act has some extremely powerful opponents who are VERY invested in keeping the tax system rigged in their favor. It’s going to take an enormous amount of grassroots support and advocacy to get a bill like the Stop CHEATERs passed. But if anyone can do it, it’s us.
We don’t have to live in a country where the ultra-wealthy play by different rules than everybody else, then tell us that funding progressive policies is impossible. They’re cheating, and we can stop them.
Thanks for being part of our fight,
Team Ro
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