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John,
Scary billionaire Jeffrey Yass has spent more than $60 million the last two election cycles bankrolling election deniers and other right-wing candidates, PACs, and anti-public education campaigns.[1][2][3] But who is Jeffrey Yass, the ghost in our series of scary billionaires?
Yass is the owner of a Wall Street trading firm and the richest person in Pennsylvania. Yass, along with other billionaires in his state, have gotten $30 billion richer during the pandemic, but pay lower tax rates than many Pennsylvania working families.[4]
Help us shine a spotlight on scary billionaire Jeffrey Yass, and let voters know who is hiding behind the sheet, destroying our democracy and our public education system. Donate today!
Together, we’re taking on billionaires buying our elections, letting the American people know exactly who is behind the campaign to rig our economy and our democracy.
Frank Clemente
Executive Director
Americans for Tax Fairness Action Fund
[1] “This Secretive Billionaire Is One Of America’s Biggest Conservative Donors,” Forbes, April 16, 2021
[2] “Pa.’s richest person has spent at least $18 million on the 2022 primary — mostly to influence one issue,” Spotlight PA, May 16, 2022
[3] Forthcoming Americans for Tax Fairness report on billionaires buying elections based on Federal Election Commission data
[4] “This Tax Day, Pennsylvania Working Families Are Paying Their Fair Share But Billionaires Are Not,” Americans for Tax Fairness, April 18, 2022
-- Andrea's email --
John,
In our latest installment of scary billionaires, meet our ghost, Jeffrey Yass.
Yass is the billionaire owner of a powerful Wall Street trading firm, an early investor in TikTok, and the 36th richest man in the country at $30 billion.[1] And he’s trying to buy our democracy.
In the 2020 election cycle, Yass spent $30 million bankrolling extreme Republican Super PACs like the anti-tax Club for Growth Action and the Protect America PAC, both of which backed lawmakers who tried to overturn the 2020 election results.[2][3]
In the 2022 election cycle, Yass has pumped $33 million into federal Super PACs to fund right-wing politicians who will join his crusade to cut taxes and privatize public education.[4]
Help us shine a spotlight on the richest man in Pennsylvania and let voters know exactly who is hiding behind a sheet, secretly bankrolling right-wing candidates and causes. Donate today!
Jeffrey Yass is on a personal mission to keep his taxes low while simultaneously underfunding public education―even as Pennsylvania ranks among the lowest in public school funding at 44th in the nation.[5]
In fact, Yass managed to avoid over $1 billion in taxes over six years, paying a tax rate lower than many middle-class Americans.[6]
Instead of spending his fortune bankrolling conservative candidates and anti-public education campaigns, it’s time that Yass paid his fair share in taxes!
Pitch in today to shine a spotlight on scary billionaire Jeffrey Yass and let voters know exactly who is lurking in the shadows, destroying public education and our democracy.
If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:
Together, we’re taking on billionaires buying our elections.
Andrea Haverdink
Digital Director
Americans for Tax Fairness Action Fund
[1] Forbes real-time billionaires list, Oct. 21, 2022
[2] “Billionaire backer feels 'deceived' by Josh Hawley over election objections,” The Guardian, Jan. 18, 2021
[3] “Billionaires backed Republicans who sought to reverse US election results,” The Guardian, Jan, 15, 2021
[4] Forthcoming Americans for Tax Fairness report on billionaires buying elections based on Federal Election Commission data
[5] “PSBA Legislative Priority Issue: Provide a Significant, Continued Financial Investment for School Districts,” Pennsylvania School Boards Association
[6] “How Susquehanna’s Jeff Yass Avoided $1 Billion in Taxes,” ProPublica, June 23, 2022
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