This type of inequality isn’t healthy for capitalism, and it keeps us from having the strong, stable, globally competitive economy our country needs.
John,
Much of my work in Congress—whether it’s holding CEOs of big banks accountable, introducing legislation to lower the cost of prescription drugs, or advocating for affordable child care—comes down to the idea that all of the wealth in our country should not belong to just a handful of people.
Since the beginning of the pandemic, wealth inequality has only grown.
- Three Americans hold more wealth than half of the country combined.
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The top 1% holds one out of every three dollars of our nation’s wealth.
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Among developed countries, household wealth is most uneven in the U.S.
This type of inequality isn’t healthy for capitalism, and it keeps us from having the strong, stable, globally competitive economy our country needs.
To reduce the wealth gap so that all families have a chance to succeed, we need to fix our tax system. The ultra-wealthy and large corporations must pay their fair share, just like working people already do. This year, Congress needs to pass legislation to create a more fair tax system. If you’re with me, sign on to my petition.
Thanks for your support, John! I’m glad I have you in this fight.
Katie
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Congresswoman Katie Porter is fighting for affordable child care, lower cost prescription drugs, climate action, and a strong, stable, globally competitive economy that works for everyone. She’s standing up to corporate special interests and doesn’t take any money from corporate PACs or lobbyists, so we rely on grassroots supporters like you pitching in when they can. Make a contribution today.
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