Utah Patriotic Millionaires Deliver Letter to Sen. Hatch

Utah Patriotic Millionaires Deliver Letter to Sen. Hatch

Millions of Utahns will file their taxes this week, but thousands of investment fund managers earning millions of dollars per year will pay at a lower tax rate than teachers, firefighters and most ordinary Americans. A group of Utahns, the Utah Chapter of the Patriotic Millionaires, want this changed and called on Senator Orrin Hatch to close the "carried interest loophole."

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The Patriotic Millionaires' Statements on New Rules Regarding Corporate Inversions

The Patriotic Millionaires' Statements on New Rules Regarding Corporate Inversions

“For too long, multinational corporations have used the tax code to force countries to compete in a race to the bottom, depriving nations of the revenue needed to build up their own economies - the Treasury Department’s ruling is not only the fiscally responsible thing to do, it send a clear signal that the United States is not going to allow corporations to hold American jobs hostage,” Patriotic Millionaires Chair Morris Pearl, former Managing Director of BlackRock Inc.

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Patriotic Millionaires to Congress: Prove They Don’t Own You

Patriotic Millionaires to Congress: Prove They Don’t Own You

Today in a strongly worded letter to House and Senate leadership, the Patriotic Millionaires demanded action on the carried interest loophole saying a vote would offer members “a unique opportunity to demonstrate to the American people that Congress is capable of conducting the people’s business; and that it is not, in fact, a wholly-owned subsidiary of Wall Street fund managers and other special interests.”

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Why I Am A Patriotic Millionaire: Scott Wallace

Why I Am A Patriotic Millionaire: Scott Wallace

Unlike the previous Republican administrations’ “laissez faire” style of government, which had let Wall Street run free and crash the economy, this new activist government came down on the side of ordinary working people. It curbed monopolies, regulated the stock market, prescribed minimum wages and working conditions, banned child labor, and empowered unions.

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Why I Am A Patriotic Millionaire: Doug Edwards

Why I Am A Patriotic Millionaire: Doug Edwards

I talk to my father all the time. At 95, he’s still fighting pork barrel projects in Jacksonville, and writing columns for the weekly paper. And I know he will continue to do so as long as he can breathe, and write, and fight and think. I marvel at how much he has been able to accomplish without having the financial resources available to me. How much more of an obligation do I have, then, to ensure that others have access to the opportunities for success that I have enjoyed?

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Why I Am A Patriotic Millionaire: Bob Titley

Why I Am A Patriotic Millionaire: Bob Titley

In Country Music, you learn to respect all people no matter their position in life. That’s just part and parcel of country culture: good ole southern politeness and hospitality. And then there’s self-interest. The first time I shook hands with Garth Brooks, he was selling boots at a boot store in Brentwood, Tennessee. In Nashville, you never know if your waiter, or a day laborer, or someone sleeping in their car might be the next superstar. You learn to respect everyone, which happens to be a good lesson to learn in life anyway.

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Do Americans Really Need A Law Giving Them The “Freedom” To Use Predatory Lenders?

Do Americans Really Need A Law Giving Them The “Freedom” To Use Predatory Lenders?

I say to all of the legislators who are backing HR 4018, the Orwellian named Consumer Protections and Choice Act: States should be allowed to impose additional restrictions on lenders (including licensing requirements) but the federal government must establish a nationwide minimum standard which which all payday lenders must adhere.

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