46 new billionaires during this pandemic

Senator Warren and I introduced legislation to tax the wealthiest in our country so they finally pay their fair share.

Pamela, While folks have struggled to put food on the table and pay rent during this devastating pandemic, the rich have only gotten richer and the wealthy have watched their profits skyrocket. 46 new people have even become billionaires during COVID-19. It's clear that the ultra-wealthy need to finally pay their fair share in taxes — that's why I just introduced the Ultra-Millionaire Tax Act with Senator Elizabeth Warren. Our legislation will narrow the racial wealth gap, help level the economic playing field in this country, and ensure that the wealthiest finally begin to pay their fair share. It'll do all of this while investing trillions of dollars into our communities. This is just the beginning of our push for a long-overdue Wealth Tax. We need your support in this fight and in the work ahead as we push for economic justice. If you agree with Senator Warren and I that it's time for a wealth tax, can you join our movement today? ADD YOUR NAME While this new tax would only impact the top 0.05% of households (if your net worth is below $50 million, you won't pay a cent!), it would bring in three trillion dollars over 10 years. Just imagine what we could do with three trillion dollars. That's COVID relief, health care, infrastructure, education, transitioning to renewable energy, affordable housing, and so much more. It's unacceptable to have a country where the ultra-wealthy are raking in millions while working people are suffering. But right now, the richest 1% own 35% of America's wealth. If you agree with me and Senator Warren that we need to tax the ultra-millionaires and billionaires in this country, join my campaign today and support my fight to get this done. In solidarity, Pramila Jayapal Chair of the Congressional Progressive Caucus and U.S. Representative for Washington's 7th congressional district PAID FOR BY Pramila for Congress. Does not equal endorsement. Sent via ActionNetwork.org. To update your email address, change your name or address, or to stop receiving emails from Progress America, please click here.