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.

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.

You can also click to watch and share it on Instagram, TikTok, and 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 billion²

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.

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

https://act.moveon.org/go/161764?t=20&akid=321455%2E40999114%2EMiUsBm

2. "Ultra-Millionaire Tax Act of 2021," Elizabeth Warren, accessed April 18, 2022
https://act.moveon.org/go/161773?t=24&akid=321455%2E40999114%2EMiUsBmnewsroom/press-releases/warren-jayapal-boyle-introduce-ultra-millionaire-tax-on-fortunes-over-50-million

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