Co-Sign New Plan to Tax Stocks and Investments the Same as Wages and Salaries

posted in: Tax Policy, Uncategorized | 0

From Americans for Tax Fairness (https://americansfortaxfairness.org/):

Hot off the presses, Forbes has released “The Forbes 400: The Definitive Ranking Of The Wealthiest Americans,” which shows that the wealthiest 400 Americans are worth a combined $2.96 trillion.

What could we do with $3 TRILLION? We could more than pay for a $2 trillion infrastructure plan. We could provide affordable quality child care to families in need ($1.2 trillion). We could expand and improve affordable housing ($495 billion).[1] And so much more!

When the richest Americans pay their fair share in taxes, we’ll be able to invest in critical services for working families. And now, Senator Ron Wyden has a plan that closes a couple of major tax loopholes so that the wealthy pay the same much higher tax rate on their Wall Street investments as they pay on their wages and salaries; AND that they pay taxes each year as they profit from their wealth just like workers pay taxes on their wages and salaries each year.

Become a co-signer of Senator Ron Wyden’s new plan that taxes income from stocks and other investments just like workers’ wages and salaries at https://actionnetwork.org/petitions/signature-needed-support-senator-ron-wydens-proposal-that-will-make-sure-the-wealthy-pay-taxes-as-they-profit-each-year-from-their-investments-just-like-workers-pay-taxes-on-our-wages-every-year.

Let’s make sure that the wealthy pay taxes as they profit each year from their investments, just like we pay on our earnings.

[1] Online Calculator: “Fair Taxes Now to Make Working Family Investments,” Americans for Tax Fairness

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