John,
President Joe Biden released his 2024 budget proposal with a clear focus on creating a more equitable economic system by increasing taxes on the ultra-wealthy and corporations, and increasing investments that help all of us, including the most vulnerable communities, families, and children. This is the responsible vision that can move us forward and leave no one behind.
President Biden’s budget ensures that all of us share in the prosperity of our nation. Send a direct message to Congress telling them to pass President Biden’s FY2024 budget with investments to human needs programs intact.
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Not only does the Biden budget invest in working families and vulnerable communities, it also reduces the federal deficit by $3 trillion over the next decade. It does this through the basic fairness of requiring the richest among us to pay taxes, through its 25% Billionaire Minimum Income Tax, increased stock buyback tax, taxing investment income at the same rate as income from work, and raising the corporate tax rate from 21% to 28% (which is still lower than it was before the Trump tax cuts for the rich and corporations).
The United States is the wealthiest country in the world. We can afford to invest in our future by increasing taxes on the rich and corporations, who have evaded their fair share for far too long.
For the right-wing, the federal deficit is a convenient excuse to deny vulnerable people health care, housing, food, and education. They are attempting to slash critical programs while making the 2017 Trump tax cuts permanent, which would increase the deficit, overwhelmingly benefiting the rich. They want us to believe that threatening catastrophic default, failing to meet needs and emptying our treasury through endless millionaire tax cuts are responsible acts. We have to say NO. The Biden budget shows how to invest in our future responsibly.
Click here to send a message to Congress urging them to put the most vulnerable in our society ahead of wealthy campaign donors.
President Biden’s budget proposal includes restoring the expanded Child Tax Credit and the Earned Income Tax Credit — which reduced child poverty by almost half before it was allowed to expire. No child should live in poverty in the richest nation on Earth.
Thank you for all you do to support human needs programs,
Deborah Weinstein Executive Director, Coalition on Human Needs
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