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Sign if you agree: A billionaires minimum tax is reasonable & morally necessary

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dailykos.com

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campaigns@dailykos.com

Sent On

Mon, Apr 4, 2022 06:33 PM

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Friend, Wealth inequality rose to obscene levels during the COVID pandemic. Over the last two years,

Friend, [sign the petition to Congress: We need a billionaires minimum tax, now more than ever.]( [Sign the petition]( Wealth inequality rose to obscene levels during the COVID pandemic. Over the last two years, America’s 700 billionaires [grew their fortunes by $1.7 trillion](. They are now worth a collective $4.6 trillion―one-third more than the bottom half of American society. With working families struggling to afford health care, child care and housing, and our climate in dire need of immediate investments, it is unconscionable that the richest Americans avoid paying their fair share. We need a minimum tax on billionaires, now more than ever. [Sign the petition: We need a billionaires minimum tax, now more than ever.]( [Sign the petition]( On March 28, President Biden [proposed in his budget]( a 20% minimum income tax on all households worth over $100 million. Because so many of the ultra wealthy live on their stocks rather than a paycheck, the tax would cover unrealized gains on their investments. The administration said it would apply to the wealthiest 0.01% of U.S. households, with billionaires accounting for over half of the $360 billion it is projected to raise over 10 years. It is fundamentally fair and reasonable, but it won't be easy. Billionaires have had it good for way too long, and we must put pressure on Congress to make this a reality. [Click to AUTOMATICALLY sign the petition: We need a billionaires minimum tax, now more than ever.]( [Click to AUTOMATICALLY sign the petition]( Our message to Congress: With working families struggling to afford health care, child care and housing, and our climate in dire need of immediate investments, it is unconscionable that the richest Americans avoid paying their fair share. We need a minimum tax on billionaires, now more than ever. By signing this petition you will receive periodic updates on offers and activism opportunities from Daily Kos. You may unsubscribe at any time. Here's our [privacy policy](. Keep fighting, Paul Hogarth, Daily Kos Daily Kos Relies on Readers Like You We don't have billionaire backers like some right-wing media outlets. Half our revenue comes from readers like you, meaning we literally couldn't do this work without you. Can you chip in $5 right now to help Daily Kos keep fighting? [Chip in $5]( If you wish to donate by mail instead, please send a check to Daily Kos, PO Box 70036, Oakland, CA, 94612. Contributions to Daily Kos are not tax deductible. Sent via [ActionNetwork.org](. To update your email address, change your name or address, or to stop receiving emails from Daily Kos, please [click here](.

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