Post by the Scribe on Sept 7, 2021 1:41:21 GMT
Many say America is the richest country in the world. But then why are our roads and bridges crumbling? Why do we have overcrowded classrooms? Why can't everyone afford the lifesaving medicine they need?
Because corporations and the ultra-wealthy are not paying their fair share. Use MoveOn's new tax calculator to see exactly how much more you pay in taxes than mega-corporations, and share your results so everyone knows it's time to make them pay up. act.moveon.org/go/155294?t=13&akid=305517%2E8935802%2E1LjlkZ
This is not new; we've always known that the ultra-wealthy use their money to buy power and avoid accountability. In 2020, at least 55 of the largest, profitable corporations in the United States paid no federal income tax, despite almost $40.5 billion in U.S. pretax income that year.1 A groundbreaking report by Public Citizen added that these same corporations spent nearly $450 million combined on lobbying and campaign contributions over the last three election cycles.2
And it keeps getting worse. As working families struggled to get by and make ends meet, America's billionaires got over $1 trillion richer during the pandemic.3 The ultra-wealthy and tax-dodging corporations don’t play by the rules and think they can buy preferential treatment by lining the pockets of Republicans, like Senators Ron Johnson in Wisconsin and Marco Rubio in Florida.
That’s why MoveOn created this tool to show who really pays their fair share of taxes under the GOP-rigged tax system. Take the quiz and share your results on social media, because we need to spread the word on why it's time to tax the ultra-wealthy.
act.moveon.org/go/155294?t=14&akid=305517%2E8935802%2E1LjlkZ
Now is the time to act, because President Biden is taking corporations and the ultra-wealthy head-on. Last week, Congress took a critical step in moving forward with Biden’s Build Back Better Agenda by passing the budget resolution! Budget reconciliation gives us the opportunity to invest $3.5 trillion in jobs and ease the burden of the high costs of health care, elder care, child care, education, housing, and more for working families by ensuring the ultra-wealthy pay their fair share.
Taxing the rich is wildly popular: Sixty-nine percent of voters think the ultra-wealthy and corporations should pay their fair share in taxes.4 But instead of representing the interests of working families, Republicans are busy defending tax cuts for billionaires and big corporations and trying to obstruct Biden’s agenda to build a stronger economy that works for us all.
By taking our new quiz and sharing your results, you can help expose the Republican Party for prioritizing the 1% over the 99% and continue the momentum to support Biden’s Build Back Better Agenda. act.moveon.org/go/155294?t=15&akid=305517%2E8935802%2E1LjlkZ
Now is our chance to go big, undo the Trump tax scam, and unrig our tax code for working families.
Will you join MoveOn members to help get the message out that our economy should reward work, and not wealth, by taking the quiz and sharing your results on social media? act.moveon.org/go/155294?t=16&akid=305517%2E8935802%2E1LjlkZ
Thanks for all you do.
–Jaira, Bri, Arvin, Robert, Mohammad, and the rest of the team
Sources:
1. "55 Corporations Paid $0 in Federal Taxes on 2020 Profits," Institute on Taxation and Economic Policy, April 2, 2021
act.moveon.org/go/150721?t=18&akid=305517%2E8935802%2E1LjlkZ
2. "The Price of Zero," Public Citizen, June 9, 2021
act.moveon.org/go/156492?t=20&akid=305517%2E8935802%2E1LjlkZ
3. "How Much Money America’s Billionaires Have Made During The Covid-19 Pandemic," Forbes, April 30, 2021
act.moveon.org/go/155295?t=22&akid=305517%2E8935802%2E1LjlkZ
4. "New Poll Shows Overwhelming Support for Biden's Plan to Raise Taxes on Wealthy and Corporations," Americans for Tax Fairness, June 10, 2021
act.moveon.org/go/155296?t=24&akid=305517%2E8935802%2E1LjlkZ
Because corporations and the ultra-wealthy are not paying their fair share. Use MoveOn's new tax calculator to see exactly how much more you pay in taxes than mega-corporations, and share your results so everyone knows it's time to make them pay up. act.moveon.org/go/155294?t=13&akid=305517%2E8935802%2E1LjlkZ
This is not new; we've always known that the ultra-wealthy use their money to buy power and avoid accountability. In 2020, at least 55 of the largest, profitable corporations in the United States paid no federal income tax, despite almost $40.5 billion in U.S. pretax income that year.1 A groundbreaking report by Public Citizen added that these same corporations spent nearly $450 million combined on lobbying and campaign contributions over the last three election cycles.2
And it keeps getting worse. As working families struggled to get by and make ends meet, America's billionaires got over $1 trillion richer during the pandemic.3 The ultra-wealthy and tax-dodging corporations don’t play by the rules and think they can buy preferential treatment by lining the pockets of Republicans, like Senators Ron Johnson in Wisconsin and Marco Rubio in Florida.
That’s why MoveOn created this tool to show who really pays their fair share of taxes under the GOP-rigged tax system. Take the quiz and share your results on social media, because we need to spread the word on why it's time to tax the ultra-wealthy.
act.moveon.org/go/155294?t=14&akid=305517%2E8935802%2E1LjlkZ
Now is the time to act, because President Biden is taking corporations and the ultra-wealthy head-on. Last week, Congress took a critical step in moving forward with Biden’s Build Back Better Agenda by passing the budget resolution! Budget reconciliation gives us the opportunity to invest $3.5 trillion in jobs and ease the burden of the high costs of health care, elder care, child care, education, housing, and more for working families by ensuring the ultra-wealthy pay their fair share.
Taxing the rich is wildly popular: Sixty-nine percent of voters think the ultra-wealthy and corporations should pay their fair share in taxes.4 But instead of representing the interests of working families, Republicans are busy defending tax cuts for billionaires and big corporations and trying to obstruct Biden’s agenda to build a stronger economy that works for us all.
By taking our new quiz and sharing your results, you can help expose the Republican Party for prioritizing the 1% over the 99% and continue the momentum to support Biden’s Build Back Better Agenda. act.moveon.org/go/155294?t=15&akid=305517%2E8935802%2E1LjlkZ
Now is our chance to go big, undo the Trump tax scam, and unrig our tax code for working families.
Will you join MoveOn members to help get the message out that our economy should reward work, and not wealth, by taking the quiz and sharing your results on social media? act.moveon.org/go/155294?t=16&akid=305517%2E8935802%2E1LjlkZ
Thanks for all you do.
–Jaira, Bri, Arvin, Robert, Mohammad, and the rest of the team
Sources:
1. "55 Corporations Paid $0 in Federal Taxes on 2020 Profits," Institute on Taxation and Economic Policy, April 2, 2021
act.moveon.org/go/150721?t=18&akid=305517%2E8935802%2E1LjlkZ
2. "The Price of Zero," Public Citizen, June 9, 2021
act.moveon.org/go/156492?t=20&akid=305517%2E8935802%2E1LjlkZ
3. "How Much Money America’s Billionaires Have Made During The Covid-19 Pandemic," Forbes, April 30, 2021
act.moveon.org/go/155295?t=22&akid=305517%2E8935802%2E1LjlkZ
4. "New Poll Shows Overwhelming Support for Biden's Plan to Raise Taxes on Wealthy and Corporations," Americans for Tax Fairness, June 10, 2021
act.moveon.org/go/155296?t=24&akid=305517%2E8935802%2E1LjlkZ