FOR IMMEDIATE RELEASE

Mar. 1, 2021

CONTACT:

Carter Dougherty
carter@ourfinancialsecurity.org
(202) 251-6700

Pass the Ultra-Millionaire Tax So Billionaires Pay Their Fair Share

Statement from Lisa Donner, executive director, Americans for Financial Reform:

“Wall Street billionaires have escaped paying their fair share of taxes for decades, thanks to laws they themselves have had an outsize influence in shaping. This bill requiring the ultrarich to pay some tax on their wealth, which was too often accumulated through predatory business models that extracted wealth from workers and communities, is an important step forward for economic justice.” 

Statement from Mandla Deskins, advocacy coordinator, Take on Wall Street and Americans for Financial Reform:

“The wealth tax introduced today by Senator Warren and Representatives Jayapal and Boyle would help narrow the racial wealth divide in this country, at the same time as it raises money to invest in caregiving for our youngest and oldest Americans, rebuilding infrastructure, and paying for high quality k-12 education and tuition-free public college. At this moment in our history, it would be reckless not to pursue a policy that supports both of these goals.”

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