Tax the Trillionaire

 

Hi Friends,

The contemptible, corporate welfare king Elon Musk has become the world's first trillionaire.

Even with little bits of a trillion dollars, we could have great things in the United States: free preschool for anyone who wants it ($35b), Medicaid for the uninsured ($214b), housing for everyone without ($29b).

 

We could have great things for the world that would make the world love us: an end to world hunger ($93b), an end to extreme poverty worldwide ($318b).

 

Or we could just give $2,868 to every person in the United States.

Tell your state to tax the mega-hoarders of resources at DefundOligarchs.org.

Massachusetts has put in place a tax of 4% on taxable income in excess of a million dollars. The economy in Massachusetts hasn't collapsed. Unemployment hasn't soared. All the rich people haven't fled to live in some less desirable state. The state has simply raised $2.2 billion a year to put to use for the public good.

 

Washington State has created a 9.9% tax on income above $1 million, expected to bring in roughly $3 billion to $4 billion a year, starting in 2029.

 

Only Washington D.C. and these six states have a higher tax rate for the wealthiest than Massachusetts: CA, HI, NY, NJ, OR, MN.

 

With a dysfunctional federal government focused on cage fights, wars, and environmental destruction, states need to step up and do better. 

 

Those of us who care about anything that costs money, or about not being ruled over by selfish creeps, are going to need to get much more active!

Tell your state to act now!

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Thanks for all you do!

In Solidarity,
The RootsAction Team


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