Democrats Must Tax the Rich to Pay for Roads

Yesterday, after weeks of deliberation, a bipartisan committee of Senators finally proposed the beginnings of an infrastructure bill. This bill failed to do one thing that Americans have been asking of their representatives; tax the rich. Simply shifting money around and pointing the blame at unemployed Americans in a global crisis is just another way of burdening regular people with paying more than their fair … Continue reading Democrats Must Tax the Rich to Pay for Roads »

California’s Ambitious Budget Proposals Shouldn’t be a Bargaining Chip

This month Governor Gavin Newsom signed California’s $262 billion dollar budget into law, a nearly $60 billion dollar increase from the previous fiscal year.  Flush with extra cash, Governor Newsom and the legislature created one of California’s most ambitious budgets in recent years. This year’s budget will deliver a public school version of preschool along with free school lunches, expand state-funded healthcare to undocumented immigrants, … Continue reading California’s Ambitious Budget Proposals Shouldn’t be a Bargaining Chip »

Republicans are Politicizing the Debt Ceiling–Yet Again

Republicans are making the disastrous decision to politicize raising the debt ceiling— YET AGAIN. The debt ceiling, which is the legal limit on the amount of debt the U.S. treasury sustains, or the actual amount the U.S government is permitted to borrow, is vital to the stability of our economy. Since Congress spends more than it collects in revenue, it must allow the Treasury Department … Continue reading Republicans are Politicizing the Debt Ceiling–Yet Again »

If Jeff Bezos Can Afford to Go to Space, He can Afford to Pay more in Taxes

Yesterday, Jeff Bezos went to space. In response, the Patriotic Millionaires released the following statement on the morning of launch day from one of our members, Stephen Prince: “Sixty years ago, we sent the first American into space, and the top income tax rate was 91%. Today, a billionaire launched himself into space after paying a true tax rate of less than 1% for years. … Continue reading If Jeff Bezos Can Afford to Go to Space, He can Afford to Pay more in Taxes »

It’s Time for Pennsylvania to Raise its Minimum Wage

Earlier this month, Pennsylvania hit a shameful milestone: 15 years since the state’s minimum wage was last raised. Governor Tom Wolf and Democratic state lawmakers took this opportunity to call on the state’s Republican-led legislature to join them and take action in addressing Pennsylvania’s wage crisis. Gov. Wolf has pushed for policies that would immediately raise the state’s minimum wage to $12/hour, with subsequent $.50 … Continue reading It’s Time for Pennsylvania to Raise its Minimum Wage »

Don’t Be Impressed with the Space Billionaires

Our history of space travel is a catalog of humanity’s greatest achievements. When the Soviets put a satellite in orbit, that was a first. Yuri Gagarin and Alan Shepard touched space 60 years ago, our first-ever star voyagers. NASA – a publicly funded agency staffed with the best and brightest American minds – put Buzz Aldrin and Neil Armstrong on the moon, and got them … Continue reading Don’t Be Impressed with the Space Billionaires »

Fix the Tax Gap, Fund the IRS

Although the framework of the bipartisan infrastructure plan has been largely agreed on by a group of both Democrats and Republicans, it was only a matter of time before the more extreme elements of the GOP tried to undermine the deal. And right on cue as the bipartisan working group is attempting to finalize the bill’s details, some conservative groups are now demanding that the … Continue reading Fix the Tax Gap, Fund the IRS »

What You Need to Know About the Bipartisan Infrastructure Deal

The bipartisan infrastructure deal that Senate Democrats, Republicans, and President Joe Biden agreed on last week looks like it may already be in danger. With Democratic leadership promising to link the bipartisan bill to a larger reconciliation bill that includes more progressive priorities and tax hikes on the rich, and Republicans threatening to back out if Democrats pair the two bills together, there’s a lot … Continue reading What You Need to Know About the Bipartisan Infrastructure Deal »

It Is Time We Reexamine the Cost of Reaganomics

President Ronald Reagan was a popular United States President. Upon leaving office, 63 percent of Americans overwhelmingly approved of the job he had done during his 8 years in office. His post-presidency popularity was solidified with efforts led by lobbyist and anti-tax activist Grover Norquist to convince local governments and private associations to name public spaces after Regan to preserve his legacy— particularly his tax … Continue reading It Is Time We Reexamine the Cost of Reaganomics »

Despite the Pandemic CEOs Made a Killing in 2020

Last week the Economic Policy Institute (EPI) released a bombshell report that showed CEO pay skyrocketed while worker compensation barely budged over the course of the 2020 COVID-19 pandemic. This report comes on the heels of Sarah Anderson’s Institute for Policy Studies’ report that revealed just over half of 100 S&P 500 companies who pay the lowest median worker wages broke their rules to give … Continue reading Despite the Pandemic CEOs Made a Killing in 2020 »

California Chapter Supports Assembly Bill 71

The Patriotic Millionaires of California are proud to support California’s AB-71, Bring California Home Act, which would tax the wealthiest corporations in order to address and solve the out-of-control inequality that has led to the alarming number of individuals facing homelessness in our great state. To solve our homelessness crisis AB 71 proposes taxing California’s wealthiest multinational corporation’s Global Intangible Low Taxed Income (GILTI) to … Continue reading California Chapter Supports Assembly Bill 71 »

Tax the Rich! Billboard Tour 2021

As our country debates an overhaul of the nation’s tax code that would significantly raise rates on millionaires, billionaires, and wealthy corporations, the Patriotic Millionaires are launching an offensive against the people standing in the way. Selfish billionaires, Wall street tycoons, and CEOs are all fighting tooth and nail to protect their own special tax breaks at the expense of the American people.  Enough is … Continue reading Tax the Rich! Billboard Tour 2021 »

Happy Tax Day! Let’s Tax the Rich

[In honor of Tax Day, we’ve decided to release an excerpt from Tax the Rich! How Lies, Loopholes, and Lobbyists Make the Rich Even Richer by Morris Pearl and Erica Payne. Order your copy today!] There’s a reason that rich people and politicians focus most of their attention, their lies, and their behind-the-scenes manipulation on our tax code: it’s one of the single most important … Continue reading Happy Tax Day! Let’s Tax the Rich »

Shame on Governor Kemp

Last week Governor Kemp made an appearance on Fox News to defend his state’s decision to reduce voting rights throughout Georgia while comparing his actions to my state of Colorado. While listening to Governor Kemp speak, I was disgusted although not surprised. Kemp’s spin was misleading, lacking real context and in areas, blatant lies. Equally important, Kemp and his conservative Georgia lawmakers seem to have … Continue reading Shame on Governor Kemp »

What About Money?

There’s a saying among hikers that a group can only really move forward to reach a destination at the pace of the slowest. Unfortunately, when it comes to the march towards building a world in which everyone can thrive, the slowest among us are walking very, very slowly. We can see this all around us, as turmoil from hate and racism and environmental crises and … Continue reading What About Money? »

Use The For The People Act to Fix The Damage of Anti-Voter Legislation

Our democracy is under attack. As of today, more than 300 different pieces of voter suppression legislation have been introduced across the country. Just last week, in Georgia, the state that tipped the Senate for Democrats in January, Governor Brian Kemp signed a sweeping 98-page omnibus “election” bill (aka voter suppression bill), into law surrounded by white male legislators under a painting of a slave … Continue reading Use The For The People Act to Fix The Damage of Anti-Voter Legislation »

Let’s make The American Rescue Package’s anti-poverty impact permanent

Jonathan Meyer

Congress just passed a long-awaited package designed to be a rescue plan for workers, families, and businesses struggling through the dual economic and public health crisis caused by the COVID-19 pandemic. This sweeping package demonstrates the undeniable power of the federal government to significantly reduce poverty when it decides to, and raises two questions: Why should we wait for once-in-a-generation global catastrophes to use the … Continue reading Let’s make The American Rescue Package’s anti-poverty impact permanent »

Real Economic Relief Needs To Also Tackle Climate Change

We’re quickly approaching a year since the COVID-19 pandemic and job crisis hit the US like a hurricane. Unemployment rates rose along with death rates and feelings of fear and uncertainty. At the height of the Great Recession 8.6 million jobs were lost; it took just three months for the COVID-19 pandemic to exceed that. Working Americans suffered greatly. But while it’s important for Congress … Continue reading Real Economic Relief Needs To Also Tackle Climate Change »

Life Without A Living Wage

Unsplash | Dan Smedley

Being poor in America is expensive. The 16% of our population that lives in poverty faces a daily barrage of hidden fees, fines, and predatory interest rates almost perfectly designed to keep them trapped in poverty.  To be poor in America is far more difficult and complicated than it is often presented as. Things can quickly spin out of control when hidden costs start to … Continue reading Life Without A Living Wage »

Explaining The Ultra-Millionaire Tax Act

On Monday, March 1, Senator Elizabeth Warren, Rep. Pramila Jayapal, and Rep. Brendan Boyle took a stand against out-of-control wealth inequality by introducing The ‘Ultra-Millionaire Tax Act’ to Congress. So what will this tax do? It’s a virtual copy of the wealth tax that Warren ran on in her 2020 presidential campaign. A wealth tax is a yearly tax on the net worth, essentially assets … Continue reading Explaining The Ultra-Millionaire Tax Act »