Pass the American Stability Act!

America is suffering from twin wage and tax crises, and today, the Patriotic Millionaires are excited to announce a bold, innovative solution we’ve worked on with our allies on the Hill! Today, with support from our organization and a number of cosponsors, Representative Summer Lee (PA-12) has introduced the American Stability Act, a landmark bill which will enact the largest wage increase and tax cut for … Continue reading Pass the American Stability Act! »

Bob Lord is on a roll!

Our Senior Vice President of Tax Policy, Bob Lord, has been on a roll for the last few weeks – so much so that we’ve decided to devote an entire Closer Look to bragging about him! You may recognize Bob’s name from some of our past newsletters. Bob joined our team as a Senior Tax Policy Advisor in 2022 and also is an Associate Fellow at … Continue reading Bob Lord is on a roll! »

Watch ‘The Deciders’ on Apple TV

The Patriotic Millionaires are everywhere these days. We’re on the radio. We’re in the Midwest. We’re in the South. We’re in Washington, D.C. and at the United Nations. And now, we’re somewhere new: the big screen! The Deciders, a documentary about our Great Economy Project, was released on Apple TV TODAY! The Deciders tells the story of what happens when working-class residents in a small, Southern town get a strange … Continue reading Watch ‘The Deciders’ on Apple TV »

That’s a Wrap: Patriotic Millionaires’ 5th Annual Spring Symposium

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 engaged with activists, policy experts, and lawmakers about the critical need to raise taxes on the rich, raise the wage floor, and strengthen American democracy. Now that it’s over, we’d like to share some of … Continue reading That’s a Wrap: Patriotic Millionaires’ 5th Annual Spring Symposium »

How to Fix Everything

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 Patriotic Millionaires’ annual calendar. Our members gather together for strategy sessions with academics, activists, and lawmakers to discuss how to transform the economy and make it work for every American, and not just a wealthy … Continue reading How to Fix Everything »

Patriotic Millionaires to United Nations: Tax the Rich, Save the World

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 tax fairness. Slowly, but surely, we are breaking through. And last week, we took our unique message to an audience who had never heard it quite the way the Patriotic Millionaires tell it: the United … Continue reading Patriotic Millionaires to United Nations: Tax the Rich, Save the World »

Our First Endorsements of 2024

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, the reality is that two starkly different realities are possible in January of 2025. In one of those realities, a newly inaugurated President Trump kicks off his second term with a series of vengeful abuses of … Continue reading Our First Endorsements of 2024 »

Breadcrumbs for the Poor and Bread Baskets for Corporations

The new bipartisan tax deal is just the first of many battles that will ensue over the next year with the expiration of a number of the 2017 Trump tax cuts. Unfortunately, Democrats just can’t seem to help themselves. Instead of standing up and demanding what America really needs – a smart tax code that incentivizes the society they want – they have once again gone … Continue reading Breadcrumbs for the Poor and Bread Baskets for Corporations »

Sounding Alarms and Waving Flags about Moore v. US

Next week, the Supreme Court will hear oral arguments for Moore v. United States. At the eleventh hour, this seemingly esoteric case is starting to get “Moore” attention from the broader public, which is a welcome development considering the damage it could do in the fight for tax justice in America. For several months, the Patriotic Millionaires have been sounding the alarm over Moore v. United States. … Continue reading Sounding Alarms and Waving Flags about Moore v. US »

Morris Pearl Testifies Before Congress: “Tax me!”

The Patriotic Millionaires are always up to exciting things, but today was exceptional: our Chair, Morris Pearl, testified in person before the Senate Committee on Finance at their hearing, “Examining How the Tax Code Affects High-Income Individuals and Tax Planning Strategies.” The hearing focused on the ways in which the tax code treats wealthy Americans like Morris and our members, with a particular focus on … Continue reading Morris Pearl Testifies Before Congress: “Tax me!” »

Setting the stage for 2025

The upcoming budget fight this fall will set the stage for 2025, when many of the absurd and regressive tax cuts from Trump’s 2017 Tax Cuts and Jobs Act expire. As we’ve noted previously, 2025 will be a make-or-break moment for our tax code. Depending on who controls the White House and Congress, it may be a chance to – finally – reform tax policy … Continue reading Setting the stage for 2025 »

Biden must not blink on the debt ceiling

As President Biden and Speaker McCarthy wrap up a meaningless, unproductive meeting about the debt ceiling, the Patriotic Millionaires would like to offer our perspective on the absurdity masquerading as serious discussion among lawmakers and members of the media. Biden and the Democrats can’t rely on Republicans to come to their senses and do the right thing anymore. If Republicans are willing to let the … Continue reading Biden must not blink on the debt ceiling »

Patriotic Millionaires Head to Washington for Tax Day

Happy Tax Day! For millions of Americans, today is the last day to file federal, state, and local taxes. (If you haven’t already filed, get cracking!) But Tax Day is more than just a filing deadline – it’s the one day a year when everyone in America is thinking about taxes, and is an annual reminder of just how skewed in favor of the rich … Continue reading Patriotic Millionaires Head to Washington for Tax Day »

American Agenda (The Money Part)

Next week is Tax Day, and you know what that means… ….(yes, you need to stop procrastinating and file your taxes, but that’s not what we’re talking about)…. …The Patriotic Millionaires are holding our Annual Spring Meeting!  Every year around Tax Day, the members of Patriotic Millionaires host a conference in Washington, D.C. to gather economic justice advocates, top experts, and lawmakers to discuss how … Continue reading American Agenda (The Money Part) »

How the Tax Code Makes the Racial Wealth Gap Worse

Earlier this week, the Department of the Treasury released its report, Disparities in the Benefits of Tax Expenditures by Race and Ethnicity, which outlines the differences in how tax deductions impact White, Black, and Hispanic families. The results show a troubling trend: there are clear disparities in how tax benefits and expenditures impact different racial and ethnic groups, and a significant amount of tax breaks … Continue reading How the Tax Code Makes the Racial Wealth Gap Worse »

Demanding Change at Davos

As the rich and powerful have gathered this week in Davos for the World Economic Forum’s (WEF) Annual Meeting, there has been a lot of talk about how to make the world a better place. Davos attendees, from world leaders to billionaires, have made a massive show of how they will build “Cooperation in a Fragmented World,” as the title of this year’s gathering is … Continue reading Demanding Change at Davos »

House Republicans Want to Protect Wealthy Tax Cheats

As the new House GOP majority tries over and over again to elect a Speaker, the already-glaring dysfunction of the 118th Congress is hard to miss. But as we watch the GOP caucus fight amongst itself and paralyze our government, we should be preparing for something even worse – House Republicans working together. They may disagree on who should be their leader, but House Republicans … Continue reading House Republicans Want to Protect Wealthy Tax Cheats »

Corporate Greed is the Villain This Holiday Season Closer Look

As you finish your last-minute holiday shopping, you may notice that prices for, well, everything are higher than they were this time last year. Inflation has thankfully cooled a bit in recent months, but it’s still running hot enough to cause a tremendous amount of sticker shock this holiday season. Our current bout of inflation is driven by a complicated confluence of factors – the war in … Continue reading Corporate Greed is the Villain This Holiday Season Closer Look »

The Rise of Unions In Pittsburgh

Pittsburgh, Pennsylvania, is one of the most blue-collar cities in America, and has been a proud union town with many traditional trade-based professions. Even the city’s football team, the Pittsburgh Steelers, is named after the union steelworkers who call Pittsburgh home. You would think that because Pittsburgh is so union-friendly, most employers, even ones not in blue-collar fields, would be pro-union and pro-worker. Sadly, that … Continue reading The Rise of Unions In Pittsburgh »

Happy Holidays!

We’d like to wish you all a happy holiday season from everyone here at the Patriotic Millionaires. It’s been a long and eventful year, so we’d like to commemorate it by looking back over some of the main events, praising those who did good for our nation, and calling out those who did bad. For this final Roundup before the end of the year, let’s … Continue reading Happy Holidays! »