Hi,

[ [link removed] ]Will you sign the petition to demand that the ultra-rich pay their
taxes?

ProPublica just uncovered an enormous trove of IRS data on the tax returns
of the richest people in the US.^1

What they found is that billionaires like Jeff Bezos, Elon Musk, and
Warren Buffet only pay a tiny fraction of income tax proportional to how
much they gain each year. Some of them have even gotten away with paying
$0, multiple years in a row.

Worst of all, it's totally legal. Our tax system is designed to safeguard
billionaires.

ProPublica's investigation has revitalized the push for a Wealth Tax, but
some Senate Democrats are still dragging their feet^2 — which is why we
need you to voice your support, right now. Under this legislation, the
ultra-rich would finally pay taxes on the billions they gain each year,
which would provide much-needed funds for public infrastructure,
healthcare, and social services benefitting working people.

[ [link removed] ]Sign the petition: Stop billionaires from getting away with paying $0
in taxes — Congress must pass a Wealth Tax now!

ADD YOUR NAME

Most Americans are taxed on their annual salary. But that’s not how the
ultra-rich make their money. They amass billions of dollars through
investing in stocks, bonds, and real estate — all of it deliberately taxed
at much lower rates.

Between 2014 and 2018, the 25 richest people in the country gained a total
of $401 billion. Collectively, they paid a total of 3.4% in income tax.
Jeff Bezos paid 1% of his gains — and Warren Buffett paid just 0.1%.

Meanwhile, middle class Americans were paying as much in income tax as the
amount their net worth expanded, if not more.

Billionaires have long deceptively reported meager incomes in order to
entirely bypass an income tax, take advantage of numerous loopholes, and
amass their fortunes on the backs of working people. Join us in demanding
that Congress stop letting billionaires get away with it!

[ [link removed] ]Sign the petition: Demand that Congress pass a Wealth Tax now!

Thanks for taking action,

Tara and the Team at Demand Progress

[ [link removed] ]DONATE

Sources:
1. ProPublica, "The Secret IRS Files: Trove of Never-Before-Seen Records
Reveal How the Wealthiest Avoid Income Tax," [ [link removed] ]June 8, 2021.
2. New York Times, "Bipartisan Infrastructure Talks Collide with
Democrats' Goal to Tax the Rich," [ [link removed] ]June 20, 2021.
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