Tell Congress It’s Time for the Rich to Pay Their Fair Share in Taxes

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

The pandemic has exposed deep economic divisions in the US―with billionaires seeing their total wealth grow by 55% since the pandemic began while millions of people have lost jobs and fallen into poverty.[1]

President Biden is proposing a once-in-a-generation plan to invest in US families and communities, called the American Families Plan. And he’s requiring the rich to start paying their fair share in taxes to make it happen.

Check out the graphic below, which details how President Biden wants to invest in healthcare, childcare, education and more―and make the rich start paying their fair share. Then go to https://actionnetwork.org/letters/take-action-tell-congress-its-time-for-the-rich-to-pay-their-fair-share-in-taxes to write to your members of Congress and demand they pass this proposal immediately to create an equitable pandemic recovery and invest in families and communities for years to come.

The uneven pandemic recovery is largely a result of a rigged economy and tax system that for years has left many communities behind. That’s why the president is proposing raising taxes on the rich―those making more than $400,000 a year―to create an economy that works for all of us.

The President’s plan cracks down on tax cheats who dodge hundreds of billions of dollars in taxes every year, which would raise $700 billion to invest in our future. And, he proposes taxing wealth like work so that the rich pay the same tax rate on income earned through the sale of stocks and other assets as workers pay on their wages. This would raise about $300 billion and only affect the richest 0.3%.

The American people agree that it’s time for the rich to pay their fair share. A recent Fox News poll shows that a whopping 63% of voters think households earning over $400,000 should pay more in taxes.[2]

Click here to write to your members of Congress and demand they pass President Biden’s American Families Plan to increase taxes on the wealthy and invest that revenue in healthcare, childcare, education and more.

It’s going to take all of us, working together, to counter the thousands of lobbyists on Capitol Hill that are working to protect Wall Street’s profits at our expense.

---

[1] “Billionaire Pandemic Wealth Gains Of 55%, Or $1.6 Trillion, Come Amid Three Decades Of Rapid Wealth Growth,” Americans for Tax Fairness, Apr. 14, 2021

[2] “Fox News Poll: Biden approaches 100-day milestone,” Fox Business, April 25, 2021