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Showing posts with label BAILOUTS. Show all posts
Showing posts with label BAILOUTS. Show all posts

Thursday, July 15, 2021

ProPublica: Billionaires have paid a true tax rate of 3.4%, some even less

 


 
 
 
Republicans have been trying to discredit Elizabeth Warren's plan to tax extreme wealth since she first introduced it -- but polling shows that they're failing. 68% of Americans now support taxing the ultra-wealthy, and it's not hard to see why.
 
Billionaires have increased their wealth by more than $1 trillion since the pandemic began -- and a recent ProPublica report shows they'll pay little to no taxes on it.
 
In fact, according to the report, if you paid $5 in taxes in 2011, you paid more than Jeff Bezos, one of the richest men alive.
 
Republicans spent the past four years giving HUGE tax breaks and bailouts to CEOs and big corporations while everyday Americans were forced to pick up the tab, especially during the pandemic.
 
It's time these billionaires who've been allowed to exploit the system for far too long pay back what they owe us -- and Warren is making it happen. She is going to need all the support she can get from us as she fights an uphill battle against corporate lobbyists and special interests. Democrats control both chambers of Congress -- if we demand this change, we can make it happen.
 
Will you side with Sen. Warren and demand that billionaires pay what they owe NOW? We need 112 more responses before midnight.

Thank you so much for your input.
 
Progressive Majority

Progressive Majority PAC is leading the fight against Trump's GOP and their dangerous and divisive agenda by supporting elected progressives, helping elect even more progressive Democrats to Congress, and protecting the gains we made in the past election. This movement is powered by progressives like you.
 
 
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