Dear Friend,
The Wall Street Journal is reporting that working families are cutting
back on essentials as inflation runs rampant.(1)
As families try to get by on lower-quality food and fewer diapers for our
children, the picture for the United States’ 750 richest people looks very
different -- they have collectively become $1.7 trillion richer since the
beginning of the pandemic.(2)
And yet these ultra wealthy also routinely pay zero dollars in income tax,
while you and I pay much more.(3)
It’s past time that America’s billionaires pay what they owe. President
Biden has called for a billionaire tax, and so have progressive senators,
including Elizabeth Warren and Bernie Sanders.(4) Congress needs to make
it happen.
[ [link removed] ]Sign our petition calling on Congress to pass a billionaire tax right
away!
Here’s the country’s worst-kept secret: There is no such thing as a
self-made billionaire.
Entrepreneurs like Elon Musk and Jeff Bezos relied on favorable tax laws,
workers educated by public schools, infrastructure built by American
workers, and subsidies from American programs to get where they are.(5)
It’s time for these billionaires to pay what they owe back into the system
to support the next generation.
A billionaire tax would raise at least $360 billion, enough to pay for
sorely-needed programs, like universal pre-K, Medicare for All, and paid
sick leave. The pandemic has laid bare just how weak our support system is
for working families, and we need a much more fair tax system to fix it.
Two-thirds of Americans support a billionaire tax, and we need to make
that majority heard.(6) Courage California has joined a coalition
including Americans for Tax Fairness, Progress America, and Blue Future,
to call on Congress to pass this tax. And the more voices we add, the more
pressure Congress will feel.
[ [link removed] ]Sign now to tell Congress: Pass a billionaire tax!
Yours in the fight for tax fairness,
Irene, along with Amber, Angela, Annie, Isidra, Jay, Lindsay, LisaMarie,
Mai, Mai, 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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