“ I’m not any more altruistic than the next guy.
I’m just greedy for a different kind of country. ”
Morris Pearl, Chair, Patriotic Millionaires
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If you weren’t paying close attention, you might have missed that North Carolina has quietly become the center of the political universe. While simultaneous international crises in Ukraine and Gaza… The United States may not officially recognize International Workers’ Day – more commonly referred to as May Day – but the Patriotic Millionaires will never skip an opportunity to celebrate… If you’re a regular reader of our newsletter, you know how often we talk about the Tax Cuts and Jobs Act (TCJA), which is former President Trump and Republicans’ signature tax bill… The Patriotic Millionaires have a message that the G20 finance ministers literally can’t miss: “The G20 must act. Tax us, the super rich! We are proud to pay more.” The leaders… Here we are again: Tax Day. Every year, millions of Americans gather their W-2s and 1099s, compile their receipts, their mortgage interest 1098s, and a dizzying array of other tax… We are happy to report that the Patriotic Millionaires’ fifth annual Spring Symposium, “How to Fix Everything,” was a smashing success! Over the course of three days this week, we… Next week, members of the Patriotic Millionaires will gather in Washington, DC for our fifth annual symposium, “How to Fix Everything.” The three-day event has become the highlight of the… If you’re serious about taxing the rich, you have to think globally. Over the last few years, the Patriotic Millionaires have made an urgent case for immediate international cooperation on… We always knew that corporations and their C-suite executives were hoarding profits and driving inequality through the roof, and now our friends at Oxfam, the Institute for Policy Studies, and… My name is Bob Lord. I am the Patriotic Millionaires’ Senior Advisor on Tax Policy and an Associate Fellow at the Institute for Policy Studies. Before my time as an… Taxes are having a moment. Tomorrow night, President Biden will deliver his annual State of the Union address before both houses of Congress. He is expected to touch on a… We hate to kick things off with a cliché, but it’s an important one: elections have consequences. While cynics will dismiss elections as a rubber stamp on the status quo,… No, you’re not going crazy: your favorite snacks and household products really are diminishing in both size and quality. The new phenomena of “shrinkflation” and “skimpflation” are very real, and… The United States often touts itself as a capitalist economy, wherein each person operates according to their best interest. In theory, we are all mutually dependent, and people make money… It’s encouraging that the Senate Judiciary Committee has decided to get to the bottom of questions regarding billionaire influence and corruption at the Supreme Court. Now, it’s time they rolled…All Roads Lead to Raleigh, Part I
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How to Fix Everything
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I’m not any more altruistic than the next guy, I’m just greedy for a different kind of country than most other rich people. I want to be a rich man in a rich country.
—Morris Pearl, Patriotic Millionaires Chair and Former Managing Director at BlackRock
Patriotic Millionaires
The Walton Family, heirs to the Walmart fortune, are now worth more than $300 billion dollars combined.
They probably pay a lower tax rate than you do...
According to a new report from Americans for Tax Fairness, some of the country's richest families are spending millions in the '24 elections to help preserve their wealth and power. 50 billionaire families have already injected more than $600 million collectively, with over two-thirds in support of Republican candidates.
Link below to read the full report: https://americansfortaxfairness.org/billionaire-family-business-50-billionaire-clans-already-spent-600-million-2024-elections-mostly-preserve-fortunes/
Our friends at ITEP highlight how endemic the issue is, and which companies have benefited most.
https://itep.org/corporate-taxes-before-and-after-the.../
