Hi,
At the beginning of the pandemic, Elon Musk was worth $25 billion.^1 Now
he's worth nearly $300 billion -- but is waging a Twitter war with Bernie
Sanders to avoid higher taxes.
After Bernie tweeted "We must demand that the extremely wealthy pay their
fair share. Period," Musk spent the weekend responding by attacking
Sanders for his age and for his refusal to respond to Musk's baiting
tweets.^2 This came just after Musk targeted Democratic Senator Ron Wyden
for his support of a billionaires' tax, which Sanders, most Congressional
Democrats, and huge majorities of the American people strongly support.
Musk is lashing out on twitter in a desperate attempt to stop Congress
from taxing the rich. As negotiations on the Build Back Better package
comes down to the wire, now is an urgent time to tell Congress to ignore
Elon Musk and tax the billionaires.
[ [link removed] ]Sign the petition: Demand Congress pass a wealth tax!
ADD YOUR NAME
Elon Musk's net worth has fluctuated in recent weeks as Tesla's stock has
slid. But he's still worth ten times as much as he was at the start of the
pandemic. Lately he and Jeff Bezos have been trading positions as the
world's richest man, and both of them are strongly opposed to a
billionaire's tax.
Both Musk and Bezos know that a billionaire's tax is popular -- and could
pass Congress at any moment. Just a few weeks ago, Elizabeth Warren got
Kyrsten Sinema to agree to a plan to tax billionaires as part of the Build
Back Better agenda, only for Joe Manchin and Nancy Pelosi to block it, for
the time being.^3
But as negotiations continue to finalize the Build Back Better plan, a
billionaire's tax is still on the table. Even if it doesn't make it into
this particular bill, it remains a wildly popular idea that could well
make it into a budget plan in the near future. Which is why Elon Musk is
so worried.
With a wealth tax we can take on the unprecedented power of the
billionaires and help solve more problems down on planet Earth. We can't
let Elon Musk or any other billionaire dictate public policy like this.
It's time Congress heard from you, and not just from a billionaire with
too much time on his hands.
[ [link removed] ]Sign the petition: Demand Congress pass a wealth tax!
Thanks for taking action,
Robert and the team at Demand Progress
[ [link removed] ]DONATE
Sources:
1. Forbes, Net Worth of Elon Musk, [ [link removed] ]November 15, 2021.
2. CNBC, "Elon Musk picked a Twitter fight with Bernie Sanders over tax
policy," [ [link removed] ]November 15, 2021.
3. Washington Post, "Democrats’ lofty tax agenda imperiled by resistance
from within," [ [link removed] ]November 11, 2021.
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