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Friend,
Due to tax loopholes written into law by Wall Street tax lawyers and members of Congress, America’s wealthiest family dynasties―like the Kochs and Waltons―are set to pass $21 trillion on to their heirs over the next two decades virtually tax free.1
They are allowing the ultrarich to hoard historic levels of untaxed wealth, while we’re told that we “can’t afford” critical programs like paid leave, universal preschool, and the expanded Child Tax Credit.
Instead of enriching a handful of family dynasties, we should be demanding they pay their fair share in taxes so we can invest in lowering the costs of healthcare, childcare, eldercare, education, housing, and more for working families.
Join me and our allies at Americans for Tax Fairness Action Fund in fighting to close the Estate Tax and Gift Tax loopholes that are allowing America’s wealthiest families to dodge up to $8.4 TRILLION in taxes.
Since 2000, estate taxes paid have dropped from $24.4 billion to just $9.3 billion―and have declined by half since the 2017 Trump-GOP tax scam. I’m fighting alongside grassroots organizations and my colleagues in Congress such as Senator Bernie Sanders to close tax loopholes abused by the richest 1%.
Sign the petition today to demand dynastic families pay their fair share in taxes and aren’t able to pass their fortunes along tax free.
Always serving you,
Rashida
1 https://americansfortaxfairness.org/issue/dynasty-trusts-giant-tax-loopholes-supercharge-wealth-accumulation/
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