Sen. Wyden’s Billionaires Income Tax Tapping Those Huge Returns Could Raise Big Revenue to Fund President Biden’s Build Back Better Investment Plan America’s billionaires have grown $2.1 trillion richer during the pandemic, their collective fortune skyrocketing by 70%—from just short of $3 trillion at the start of the COVID crisis on March 18, 2020, to […]
The tax plan approved by the House Ways and Means Committee takes a very important step towards a fairer tax system in which corporations and the wealthy contribute more to better serve the common good. As explained below, the $2.1 trillion the plan will raise from corporations and the wealthy is a significant down payment […]
September 3, 2021
COMMENT TO SENATE FINANCE COMMITTEE ON INTERNATIONAL TAX PROPOSAL
Dear Chair Wyden and Senators Brown and Warner: We applaud your taking leadership in the reform of international tax law by presenting your International Taxation Overhaul Discussion Draft—or, the “Draft.” Your plan would raise significant revenue, curb tax-haven abuse, protect American jobs, and begin to meet the challenge set by the Biden Administration to end […]
Dear Member of Congress: The undersigned organizations write with an urgent message: don’t let tax-dodging multinational corporations continue to avoid paying their fair share of taxes that are needed to help working people afford healthcare, eldercare, childcare, education and housing, and to make other public investments vital to fighting climate change and supporting families and […]
August 24, 2021
LETTER: UNION SUPPORT FOR STRONG INTERNATIONAL TAX REFORM
Dear Chairman Neal, The undersigned unions representing millions of members nationwide urge you to support strong international tax reforms that raise at least $600 billion in new revenue from multinational corporations through the Build Back Better reconciliation package. Our members live and work in every congressional district in the country, and they expect their representatives […]
Americans for Tax Fairness (ATF) applauded House Democrats for passing a $3.5 trillion budget resolution that set a framework for advancing President Biden’s Build Back Better agenda through Congress. Biden’s agenda includes critical investments to make healthcare, eldercare, childcare, housing and education more affordable and to combat the scourge of climate change through clean energy […]
Today, Americans for Tax Fairness (ATF) released letters to Congress signed by 620 state groups and 97 national groups in support of President Biden’s Build Back Better tax and investment plans. The letters are part of a nationwide grassroots campaign representing millions of Americans, including women, workers, retirees, students, teachers, faith leaders, and small business […]
August 8, 2021
620 STATE GROUPS SUPPORT PRESIDENT BIDEN’S TAX PLAN
Dear Members of Congress: President Biden’s Build Back Better proposals provide Congress a historic opportunity to move toward an economy that works for all of us, not just the wealthy and corporations. The president has proposed long-overdue investments that will create good-paying jobs, rebuild communities and expand opportunities for working families that will reduce inequality. […]
August 2, 2021
TALKING POINTS ON THE BIDEN TAX PLAN
These are poll-tested messages based on three national and 6 state surveys (see sources at end). Core Message About Build Back Better Plan and Taxes President Biden’s Build Back Better plan will create millions of good-paying jobs and help ease the burden of high costs facing working families. The plan will make sure the wealthy […]
Sen. Ron Wyden (D-OR) wants to close a gaping tax loophole that lets wealthy noncorporate business owners dodge tens of billions of dollars in taxes a year. It was misleadingly sold as a Main Street business tax cut when enacted in 2017. Wyden would only let business owners making less than $400,000 a year get […]