Should hedge fund billionaires pay lower taxes than working families?
Of course not.
That’s why a coalition of allies have teamed up on this petition (https://www.signherenow.org/petition/close-tax-loopholes/caf/) to demand Congress close this tax loophole for Wall Street billionaires.
We know the system is rigged. One example is the “carried interest loophole,” which lets Wall Street billionaires pay a lower tax rate than working families. Closing the tax loophole would generate a minimum of $1.8 billion per year. That’s enough to replace all of the contaminated pipes in Flint, Michigan, or to pay for public college tuition for nearly 200,000 students a year.
Despite public support, Congress refuses to act. But with elections around the corner, now is the time to hold members of Congress accountable—or make them lose in November.
Tell Congress today to pass the Carried Interest Fairness Act.
Cynthia Crowner
In a time when so many in my county including my own family are complaining about the high property and school taxes we have to pay while we have over 1000 foreclosed homes on the market here just in Monroe Co., and few good paying jobs available for those seeking work, we desperately need the wealthy to pay their fair share of taxes. Please pass the Carried Interest Fairness Act and give us little people a little relief.