John,
In order to make new investments in healthcare, education, housing, childcare, infrastructure, clean renewable energy and more, we need to close tax loopholes to ensure the wealthy start paying their fair share.
One way to do that is for Congress to enact the Millionaires Surtax. It would place an additional 10-percentage point tax on the salaries and investment income of the richest 0.2%. The other 99.8% of Americans wouldn’t pay a dime more in taxes.
Read Frank’s email below for more details and then write to your members of Congress today urging them to become co-sponsors of the Millionaires Surtax, which would raise an additional $635 billion over ten years from the richest households.
Thank you for taking action today to make the rich start paying their fair share so we can invest in critical services for working families.
Sarah Christopherson
Legislative and Policy Director
Americans for Tax Fairness Action Fund
-- Frank's email --
Tell your members of Congress:
“Become a co-sponsor of the Millionaires Surtax to begin to make the wealthy pay their fair share of taxes so we can fund new investments in healthcare, education, housing, childcare, infrastructure and clean renewable energy.”
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John,
The debate is heating up in Washington about how to close loopholes and end a rigged tax system so the rich start paying their fair share. Now, new legislation has been introduced that raises a ton of money, just from the richest 0.2%, and it’s wildly popular with voters.
It’s called the Millionaires Surtax.
It will place an additional 10-percentage point tax on all income above $2 million each year for married couples and above $1 million for individuals. The rest of us (the bottom 99.8% of households) won’t pay a dime more in taxes.
It’s time that millionaires and billionaires start paying their fair share in taxes!
Click here to send a message to your members of Congress and urge them to become co-sponsors of the Millionaires Surtax—sponsored by Sen. Chris Van Hollen (MD) and Rep. Don Beyer (VA)—to help close the gap between the rich and everyone else and allow us to fund investments that benefit working families.
According to polling by Hart Research, the Millionaires Surtax is supported by 73% of voters and over half of Republicans.[1] And the nonpartisan Tax Policy Center estimates that this legislation would generate an additional $635 billion over ten years, which can be used to invest in everything from infrastructure to combatting the climate crisis to critical services for working families.[2]
At a time when the wealth of billionaires has skyrocketed by 55%—just during the pandemic alone—we need policies that rein in obscene wealth gains by the richest 0.2% and invest in jobs and services for our future.[3]
A great first step is a Millionaires Surtax!
Write to your members of Congress and urge them to co-sponsor the Millionaires Surtax to place an additional 10 percentage-point tax on the incomes of the richest 0.2% of U.S. households.
This is how we begin to create an economy that works for all of us, not just the wealthy few.
Thank you,
Frank Clemente
Executive Director
Americans for Tax Fairness Action Fund
[1] “Millionaires Surtax: A Winning Issue for 2020,” Surtax.org, Nov. 7, 2019
[2] “Tax Policy Center Revenue Estimates for 10% Surtax Proposals,” Surtax.org, Oct. 8, 2019
[3] “Billionaire Pandemic Wealth Gains Of 55%, or $1.6 Trillion, Come Amid Three Decades of Rapid Wealth Growth,” Americans for Tax Fairness, April 14, 2021