Our state, too, can tax the mega-wealthy
Hi Friends,
Basic human needs have been defunded, while billionaires have paid a lower effective tax rate than working-class people. The federal government has only made matters worse. States can act.
Massachusetts took action and now taxes by a mere 4% income over $1 million, raising $2.2 billion a year, without people fleeing, unemployment soaring, the economy collapsing, or other dire predictions coming true.
Now Washington State has listened and created a tax of 9.9% on income above $1 million, expected to bring in $3 billion to $4 billion a year.
Shouldn't your state be next?
Email your state legislators and governor here!
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If your state allows such changes via ballot initiatives, check out what California is doing:
In California, you can act right now to create a one-time, 5% emergency billionaire tax with no help from the state legislature. Most Californians want it. But wanting it won't make it happen. That will require a huge number of people getting involved:
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