Enough is enough, John.
It's time for the very wealthiest among us to pay their fair share so that women and working families can finally have a fighting chance.
That is why Women’s March advocates for progressive wealth tax proposals which will help working women everywhere — like President Biden’s recently proposed Billionaire Minimum Income Tax, which would level the playing field for all Americans and narrow the racial wealth gap.
This tax would require that American households worth more than $100 million (literally just the top one-hundredth of 1 percent) start paying income taxes on the gains in their wealth each year just like workers pay taxes on their paychecks each year.
Taxing the ultra-wealthy is common sense, John. This proposal would raise $360 billion in revenue over the next 10 years — without raising taxes on the 99.99% of American households that have net worth below $100 million.
In other words: taxing 20,000 American households who are hoarding wealth, will benefit hundreds of millions of women and families by reducing the deficit and allowing room to expand and fund critical community programs.
We believe in social programs that can help women now so we can realize our feminist future much sooner. Wealth taxes like Biden’s proposed Billionaire Minimum Income Tax, will allow the government to fund critical social services to uplift working families, specifically women and people of color.
Every single day, Women’s March is fighting to build organizing and political power for everyday women across the country so that we can march, mobilize, and advocate for bold, feminist legislation like this.
But as a grassroots-powered organization, all of that work depends on the support of women and allies just like you, John. It is these kinds of proposals that we want to push for in 2022, that is why it's so important we stay on track to meet our $15,000 March goal before midnight on Thursday.
Keep fighting,
Women’s March