660 Billionaires’ Collective Gain During COVID Crisis Could Pay for All of the Working Family Relief in Biden’s Coronavirus Response Plan Even as freshly empowered Democrats in Washington bring new focus to defeating the pandemic, not much has changed for America’s billionaires in the midst of the crisis—except the further swelling of their bank balances. […]
Disgraced President Gave Tax Cuts in Return that Helped Billionaire Fortunes Jump by $1 Trillion During Pandemic; Adelson Alone Supplied Half the Cash Twice-impeached President Donald Trump was enabled with a total of almost a quarter billion dollars in campaign contributions from 134 of America’s billionaires during his short, violent political career, more than half […]
Musk’s Wealth Has Grown $163 Billion—Almost 7-Fold—Over Past 10 Months Elon Musk, the billionaire CEO of Tesla and SpaceX, is now the richest person in the world, surpassing former titleholder and Amazon chief Jeff Bezos with a net worth of $187.7 billion, according to Forbes’s real-time billionaire net-worth estimates on Jan. 8, 2021 at 1pm. […]
With Georgia voters sending two Democratic senators to Washington to usher in a Democratic-controlled Senate, a President Biden will have the foundation to pursue the bold agenda he outlined during the campaign: at least $7 trillion in new investments funded by making the rich and corporations begin to pay their fair share of taxes, starting […]
Big Business Gets Extra Goodies, Cutting What’s Available for Working Families Struggling Through Holiday Season; Multinational Corporations, Fancy Restaurants, Movie Studios All Score Pricey Gifts Like a misguided Santa shortchanging the poor side of town in order to give more to the rich kids, Congress in its year-end pandemic relief bill included over $220 billion […]
December 16, 2020
Talking Points: Joe Biden’s Tax-Fairness Mandate
Joe Biden has a mandate to pursue a tax-fairness agenda. Joe Biden got more votes than any presidential candidate in American history with tax fairness front and center in his campaign. Donald Trump and Republican super PACs spent tens of millions of dollars attacking Biden’s plan to raise taxes on the rich and corporations and […]
Costly tax breaks for the wealthy and corporations would only further heighten the economic inequalities already exacerbated by the pandemic Today, Americans For Tax Fairness, a coalition of more than 400 endorsing organizations released a letter to Congress urging them to oppose any tax breaks for the wealthy and corporations as they debate a year-end […]
Dear Member of Congress: The Americans for Tax Fairness coalition of more than 400 endorsing organizations is heartened by the news that lawmakers on both sides of the aisle are again trying to reach agreement on a coronavirus relief package. Millions of Americans face a dark and dangerous winter as key provisions of the CARES […]
Wealth Increase in 9 Months Exceeds Likely $908 Billion Cost of Covid Relief Package GOP Has Stalled as Too Costly The collective wealth of America’s 651 billionaires has jumped by over $1 trillion since roughly the beginning of the COVID-19 pandemic to a total of $4 trillion at market close on Monday, December 7, 2020. […]
December 1, 2020
BIDEN-HARRIS WIN A TAX FAIRNESS MANDATE
Biden Prevailed with Bold Plan to Raise Taxes on the Richest Americans & Big Corporations Despite Strong Attacks from Trump & His Allies President-elect Joe Biden prevailed in the November election with tax fairness a core part of his campaign message despite vigorous attacks on his position from President Donald Trump and allied groups. Three indicators […]