John,
Taxing billionaire wealth is incredibly popular in congressional swing districts across the country. New polling shows that in swing districts that voted for House Democrats and Donald Trump, support for the Build Back Better agenda increased by a net 29% when voters were told that the plan would be paid for by taxing the increasing wealth gains of America’s 700+ billionaires.[1]
Congress will only act if they hear from us!
Counter the massive lobbying effort by Big Pharma, Big Tech, Big Oil, and the Chamber of Commerce that are attempting to gut the 10-year $3.5 trillion package. Write to your members of Congress today and demand they include the Billionaires Income Tax in the Build Back Better legislation.
President Biden ran on a promise to tax wealth like work. The Billionaires Income Tax is our chance to raise hundreds of billions of dollars from the richest Americans and use those funds to invest in critically needed programs for working families―including monthly $300 payments to tens of millions of families through the expanded Child Tax Credit; universal pre-K for 3- and 4-year olds and free community college; making healthcare, eldercare, childcare, education and housing more affordable; and so much more!
Read Sarah’s email below about how the Billionaires Income Tax will tax the extreme wealth gains of America’s 700+ billionaires, then write to your senators and representative today!
Thank you for fighting to unrig our tax code and tax wealth like work.
Maura Quint
Campaign Director
Americans for Tax Fairness
[1] “Supermajority & Bipartisan Support for the Billionaires Income Tax,” Americans for Tax Fairness, October 5, 2021
-- Sarah's email --
John,
There’s one issue that raises support for President Biden’s Build Back Better plan by 29%.[1] The Billionaires Income Tax.
Write to your members of Congress and demand they tax wealth like work and include the Billionaires Income Tax in the Build Back Better legislation currently being negotiated between the House and Senate.
Right now, even if Democrats are successful in paying for the Build Back Better Act through critically needed tax increases on the rich and corporations, many billionaires could get away scot-free. That’s because most billionaires’ income comes from the growing value of their wealthy investments, not from a paycheck. The rich have to sell those investments to get taxed, which many don’t do. Instead, they borrow against those assets at low-interest rates to enjoy a lavish lifestyle.
It’s time to unrig our tax system and that starts by taxing the extreme wealth gains of America’s 700+ billionaires!
Did you know that during the first 17 months of the pandemic, billionaires saw their wealth increase by $1.8 trillion―or 62%?[2] That boost in wealth alone could pay for more than half of the president’s 10-year $3.5 trillion Build Back Better plan.
Write to your U.S. senators and representative today and call on them to include the Billionaires Income Tax in Build Back Better legislation to ensure billionaires begin paying their fair share toward critical investments in our future.
It would be a moral outrage if these extremely fortunate few did not pay more in taxes under the Build Back Better legislation!
Thank you,
Sarah Christopherson
Legislative and Policy Director
Americans for Tax Fairness Action Fund
[1] “Supermajority & Bipartisan Support for the Billionaires Income Tax,” Americans for Tax Fairness, October 5, 2021
[2] American Billionaires Got 62% Richer During Pandemic―Almost All That Wealth Growth Will Go Income-Tax Free, Showing Need for Biden’s Tax Reforms & Investment Plans,” Americans for Tax Fairness, August 24, 2021
