Strengthening the federal estate tax would curb the creation of dangerous family dynasties while raising hundreds of billions of dollars for jobs and public services. Other than a wealth tax, the estate tax is the best way to tax accumulated fortunes.

When the president introduces his American Family Plan later this month, which will fund major investments in healthcare, childcare, free public community college, paid family and medical leave and more, we need to ensure he includes a strengthened estate tax, like Senator Bernie Sanders’s For the 99.5% Act.

Under that plan, the estate tax would only be paid on fortunes above $3.5 million. And, unlike the claims of conservative fearmongers, a stronger estate tax does not threaten small businesses and family farms.

Sign the petition to President Biden calling on him to include a strengthened estate tax, like the For the 99.5% Act, in his expected tax and investment plan.