We already knew the richest people in America weren’t paying their fair share, but this report showed just how widespread the problem is.
While working families have struggled to put food on the table and pay rent during this devastating pandemic, the rich have only gotten richer and the wealthy have watched their profits skyrocket. It makes this week’s bombshell report from ProPublica about billionaires evading taxes that much more egregious.
We already knew the richest people in America weren’t paying their fair share, but this report showed just how widespread the problem is — and it revealed the details of how people like Jeff Bezos, Elon Musk, Warren Buffett, and Michael Bloomberg get away without paying their taxes.
This is unacceptable. That’s why I’m working on making sure the rich pay their fair share. I introduced the Ultra-Millionaire Tax Act alongside Senator Elizabeth Warren earlier this year. Our legislation will narrow the racial wealth gap, help level the economic playing field in this country, and ensure that the wealthiest finally begin to pay their fair share. It’ll do all of this while investing trillions of dollars into our communities. And if you have a net worth of less than $50 million, you won’t pay a penny.
If we’re going to pass this bill and finally make the wealthiest Americans pay their fair share in taxes, I need you in this fight with me. Chip in $3 or more today to fuel our work to tax the rich and finally make ultra-millionaires and billionaires pay a fair tax rate. It’s time — now let’s make it happen.
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In solidarity,
Pramila
