The wealthy and well connected are scared. They're scared that under a Warren presidency, they would no longer have a government that caters to their every need. So they're doing whatever they can...
First, Elizabeth Warren released the Ultra-Millionaire Tax — a two-cent tax on great fortunes above $50 million that would pay for Universal Child Care, cancelling student loan debt for 95% of people that have it, a minimum $50 billion investment in Historically Black Colleges and Universities and Minority-Serving Institutions, and much, much more.
Then, some of the wealthy few that would be affected by the tax started sounding the alarm — going on national television, literally shedding tears, writing op-eds, and trying to stop our movement in its tracks.
And now, just moments ago, news broke that Michael Bloomberg — one of the first billionaires to attack Elizabeth’s plan for a wealth tax — is taking steps to enter the Democratic primary for president in 2020.
The wealthy and well connected are scared. They’re scared that under a Warren presidency, they would no longer have a government that caters to their every need. So they’re doing whatever they can to try to stop Elizabeth and our movement from winning in 2020 and bringing big, structural change in 2021.
Let’s call Michael Bloomberg’s attempt to buy the presidency for what it is: Yet another example of the wealthy wanting our government and economy to only work for themselves.
When faced with the prospect of paying his fair share in taxes so that we can level the playing field for working families, Bloomberg has chosen to protect his wealth over everyone else — and that’s why he’d rather spend enormous amounts of money on a presidential run than pay taxes.
And we have to fight our hearts out to stop it.
Your support matters because Elizabeth isn’t self-funding, she doesn’t have a Super PAC, and we don’t host any fundraisers where wealthy donors write big checks to spend time with her behind closed doors.
That means this campaign is funded by people like you chipping in whatever you can to emails like this. You shouldn’t have to be a billionaire to run for president, but that means we need a grassroots movement. And we need your help today.
