{
"type": "rich",
"version": "1.0",
"provider_name": "Action Network",
"provider_url": "https://actionnetwork.org",
"html": "",
"author_name": "Americans for Tax Fairness Action Fund",
"author_url": "https://actionnetwork.org/groups/americans-for-tax-fairness",
"title": "Tell Congress to Pass the Billionaires Income Tax",
"thumbnail_url": "https://actionnetwork.org//images/generic_facebook.jpg",
"description": "America's wealthiest families have gamed the system for decades, growing richer and more powerful without paying taxes on most of their income. While working people pay taxes on every paycheck, billionaires avoid taxes on the growth of their stock portfolios, real estate, and private business holdings. Now, Congress has a chance to put an end to this two-tiered tax system. The newly introduced Billionaires Income Tax, championed by Sen. Ron Wyden and Reps. Don Beyer and Steve Cohen, would require billionaires and ultra-millionaires to pay a minimum 23.8% tax rate on all of their income, including both regular earnings and unrealized capital gains. That means billionaires would finally pay taxes on the wealth they accumulate every year, just like workers pay on wages. This legislation applies to only the top 0.01%, but it would raise an estimated $557 billion over the next decade. The bill also includes strong enforcement provisions and prevents billionaires from dodging taxes through shell companies and estate tricks. The public is already on our side. Poll after poll shows strong bipartisan support for making the wealthy pay their fair share. But billionaires are fighting back with lobbyists, campaign donations, and media influence. That’s why we must fight back with a powerful grassroots movement standing up for tax justice. Tell Congress to end the billionaire tax scam and pass the Billionaires Income Tax.",
"url": "https://actionnetwork.org/letters/tell-congress-to-pass-the-billionaires-income-tax-2"
}