Add your name: support Biden’s plan to tax billionaires

The following advertisement from Inequality.org has been sent to you via Mother Jones' email list. Mother Jones is a nonprofit, and most of our budget comes from readers like you, but revenue from advertisers helps us produce more of the hard-hitting journalism you expect. We never disclose your information to an advertiser. Mother Jones does not endorse any candidate, political organization, commercial product, or service, and the views expressed in this email do not constitute any endorsement or recommendation by Mother Jones. [Logo for Inequality.org]( Sign the petition: [Support President Biden's Plan to Tax Billionaires]( [Add your name]( [A photo dollar bill zoomed in. Text says Tell President Biden: We Need a Billionaires Tax. Inequality.org.]( Dear reader, The world’s richest people aren’t paying their fair share. According to the latest data, the ultra-wealthy are paying an effective annual tax rate of 0.3% of their wealth. Every tax dollar that billionaires avoid paying could have been used to invest in public goods like education, healthcare, and infrastructure. Or to address climate change. Or to fight poverty! President Biden’s 2025 budget blueprint included a 25% minimum tax on Americans with more than $100 million in wealth. Now, with Vice President Kamala Harris as the likely nominee, we’ve got a key opportunity to ensure economic justice is on the agenda. Let’s show our support for taxing extreme wealth! [Add your name in support of President Biden’s plans for a Billionaires Tax.]( [Add your name]( This couldn’t come at a better time. A new report, commissioned by Brazil for the G20 (the global group of the world’s most powerful economies), reveals that the globe’s ultra-high-net-worth individuals have seen their fortunes increase by 7.5% a year for the past four decades, even accounting for inflation. It’s great that President Biden is adopting this billionaire minimum-tax approach -- it means this idea is finally getting real support. But Biden hasn’t thrown his weight behind this proposal yet. Now, we’ve got a key opportunity to ensure this is on the agenda for him and for VP Harris. The vast majority of Americans, including 63% of Republicans, support plans to increase taxes on the rich. Let’s raise our voices together and push for some real change. [Sign the petition in support of President Biden’s plan for a Billionaires Tax.]( Thank you for taking action. Chuck Collins, for the Inequality.org team Inequality.org is your portal into the world of economic inequality — and ongoing efforts to leave our planet a more equal place. [Learn more and read all the latest at Inequality.org]( Contact us at inequality@ips-dc.org Inequality.org is a program of the Institute for Policy Studies 1301 Connecticut Avenue NW Washington, DC 20036 [Facebook]( [Twitter]( [Mother Jones]( Mother Jones and its nonprofit publisher, The Center for Investigative Reporting, do not endorse any political candidate, political organization, commercial product, process, or service, and the views expressed in this communication do not constitute an endorsement, recommendation, or favoring by Mother Jones. This message was sent to {EMAIL}. To change the messages you receive from us, you can [edit your email preferences]( or [unsubscribe from all mailings.]( For advertising opportunities see our online [media kit.]( Were you forwarded this email? [Sign up for Mother Jones' newsletters today.]( [www.MotherJones.com]( PO Box 8539, Big Sandy, TX 75755