TELL CONGRESS: Prioritize families, NOT billionaires!
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Dear Friend,
We’ve got GREAT news. We can afford paid family and medical leave for 85
MILLION moms, in addition to our other core infrastructure policies. How?
By ensuring billionaires and big corporations pay their fair share. It’s
time to prioritize families, NOT billionaires.
[ [link removed] ]*Share the good news with Congress and urge them to make billionaires
and big corporations pay their fair share of taxes so we can all build
back better!
What’s going on? Following the Biden/Harris Administration’s lead with the
Build Back Better plan, Congress has introduced the Billionaires Income
Tax and the Corporate Profits Minimum Tax. The Billionaires Tax would
raise $250 billion in revenue over 10 years and would be paid by
individuals with $1 billion in assets – which applies to about 700
households in the country – and people earning more than $100 million in
annual income for the last three years. The Corporate Profits Minimum Tax
would be applied to companies that report $1 billion in profits to
shareholders and would be subject to a 15% tax on those massive profits.
Our nation’s billionaires have seen their wealth grow by 70 percent during
the pandemic while families have been in crisis. [1] It is past time for
them to pay their fair share of taxes.
[ [link removed] ]*Tell Congress to pass the Billionaires Income Tax & the Corporate
Profits Minimum Tax and invest in programs that help families thrive!
What’s at stake? Together, the Billionaires Income Tax and the Corporate
Profits Minimum Tax would create a fairer tax system and allow for
critical programs like paid family and medical leave for the 85 million
mothers and their families in America. For decades, lawmakers have allowed
the tax code to entrench racial inequity and foster wealth disparities.
Low-income people of color pay more in taxes without receiving equal
access to resources in their community. Meanwhile, billionaires and big
corporations have not been required to pay their fair share in taxes. The
Billionaires Income Tax and Corporate Profits Minimum Tax allows us to
right this wrong for future generations and invest in key priorities like
high quality and accessible child care and paid family and medical leave.
America needs a care infrastructure more than we need to give billionaires
and big corporations tax breaks. We need a fair tax system that counters,
rather than entrenches, the appalling racial, gender and income inequality
our country is facing today. We need a tax system without the loopholes
and dodges that allow the ultra-wealthy to pay less in taxes than bus
drivers, teachers, and factory and food service workers.
[ [link removed] ]*Add your voice and call on Congress to support taxes on the ultra
wealthy and big corporations and invest in the future of our families!
With fair tax policy, like the Billionaires Income Tax and the Corporate
Profits Minimum Tax, we have more than enough revenue to fund paid family
and medical leave, as well as a fully refundable and permanent Child Tax
Credit (CTC), childcare, home- and community-based services, living wages
and a path to citizenship for all care workers.
Together, we are a powerful voice for children and families!
- Lauren, Kristin, Donna, Hanna, and the whole
MomsRising.org/MamásConPoder.org team
P.S. Personal experiences are powerful and can make a HUGE difference in
helping elected leaders understand how public policies impact families so
they can move change. We want to hear more from YOU! Can you take a second
and follow the link below to share your personal story about how having,
or NOT having, access to job-protected paid leave has impacted your family
in the pandemic?
[ [link removed] ][link removed]
References:
[1] [ [link removed] ][link removed]
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