America’s billionaires have grown $2.1 trillion richer during the pandemic, their collective fortune skyrocketing by 70%. Most of these huge billionaires’ gains will go untaxed under current rules and will disappear entirely for tax purposes when they’re passed onto the next generation. That’s why I want the Congressmember to support Senator Wyden’s Billionaire’s Income Tax, under which billionaires will start paying taxes on their increased wealth each year just like workers pay taxes on their paychecks. Implementing this tax will pay for a good part of the programs we need to keep Americans and our planet healthy. Please support it.
