Dear MoveOn member,

Today is Tax Day—the day when hundreds of millions of hard-working
Americans pay their fair share in taxes. But for the ultra-wealthy and
greedy corporations, today is simply the annual deadline to continue
cheating the system. 

If you pay a single penny this tax season, you'll pay more than
billionaire Jeff Bezos did in 2007 and 2011 and more than billionaire Elon
Musk paid in 2018.^1 Working families pay their fair share—it's time
ultra-millionaires do too.

[ [link removed] ]Watch this video of Senator Elizabeth Warren talking about why the
ultra-wealthy must pay their fair share in taxes—then share it with
friends and family to spread the message loud and clear.

[ [link removed] ][IMG]

You can also click to watch and share it on [ [link removed] ]Instagram, [ [link removed] ]TikTok, and
[ [link removed] ]YouTube.

The Ultra-Millionaire Tax Act, proposed by Senator Elizabeth Warren, would
level the playing field and narrow the racial wealth gap by asking the
wealthiest 100,000 households in America, or the top 0.05%, to pay more of
their fair share. 

The bill would create a fairer economy through:

* 2% annual tax on net worth of households and trusts between $50
million and $1 billion
* 1% annual surtax (3% tax overall) on net worth of households and
trusts above $1 billion^2

It would start to address the huge disparity between those of us who get
taxed on our work and the ultra-wealthy who get loopholes for their
wealth. 

[ [link removed] ]Watch the video if you agree that we need to make the wealthiest
100,000 households in America pay their fair share in taxes—and then share
the video with a friend.

Help spread the message that it's past time for Congress to take action to
address the GOP-rigged tax system that rewards wealth over work. We could
invest in our schools, communities, and health care by ensuring the
ultra-wealthy pay their fair share in taxes.

Thanks for all you do.

—Jaira, Seth, Jayne, Elsie, and the rest of the team

Source:
 
1. "ProPublica report finds Jeff Bezos paid no income tax in 2007 and
2011. Elon Musk’s income tax bill was zero in 2018," The Boston Globe,
June 8, 2021
[ [link removed] ][link removed]
 
2. "Ultra-Millionaire Tax Act of 2021," Elizabeth Warren, accessed April
18, 2022
[ [link removed] ][link removed]




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