Dear Friend,

Working families are struggling under skyrocketing gas prices and food
costs that have jumped as much as 16% -- while the average wage has only
risen one cent in the last month.(1,2)

You know who hasn’t felt the pinch? Billion-dollar corporations.

Companies including P&G, Amazon, and Kellogg are posting record profit
margins while the rest of us struggle, and they’re offshoring that money
and using tax shelters to avoid paying their fair share.(3)

President Biden has secured a deal to end tax havens offshore, and
Congress is considering a 15% corporate tax rate that would put $320
billion into essential programs for working families.(4) We need Congress
to pass that tax.

[ [link removed] ]Sign our petition calling on Congress to pass a 15% corporate minimum
tax!

Amazon has seen its profits explode nearly 75% since the beginning of the
pandemic, scoring $24 billion off our need for goods when stores were
closed or having trouble receiving shipments. Yet in 2021, the corporation
only paid a 9% tax rate, less than half of what the current tax law says
it should -- and much less than most Americans pay in income tax.(5)

In fact, 55 of America’s largest corporations -- including FedEx, Nike,
and Dish Network -- paid zero federal income tax in 2020, despite raking
in big bucks from sales.(6)

This subsidy of corporations has got to stop.

Corporate greed is driving inflation, as billionaire owners pass along
rising costs to customers while upping their own profit margins. But a
corporate minimum tax would be a huge help to working families. The tax
could help pay for universal pre-K, expanded Medicaid and Medicare, a
Child Tax Credit extension, and more.

President Biden has called for a corporate minimum tax, and it is a
popular policy with the public. Now we need Congress to put it in place.

[ [link removed] ]Click here to sign our petition calling on Congress to make
corporations pay their fair share!

Yours in the fight for fair taxation,

Irene, along with Amber, Angela, Annie, Isidra, Jay, Lindsay, LisaMarie,
Raquel, and Scottie (the Courage team) 

Footnotes:
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Courage California (formerly Courage Campaign) makes sure our democracy works for ALL of us by fighting corruption in California politics. We believe the solution lies in exposing and solving systemic problems through strategic organizing, enhancing coordination between progressive organizations, and mobilizing civic engagement from our communities, particularly voters of color, young voters, and self-identified progressives.

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