We’ve made a lot of noise about California’s Proposition 40 over the last few months. But today, with just two weeks to go until the election, we’ve turned up the volume big time and released two products—an open letter and a poll—in support of the one-time tax on Golden State billionaires.
A Closer Look: The Critical Role of Consistency in Tax Policy Advocacy
It appears some of our allies have taken a liking to the Swiss cheese tax code that Trump and Republicans made worse with their 2025 tax law. As for us, we like to think we have a sharper palate.
A YouGov poll on California millionaires found support among the group for raising taxes on the wealthy, including majority support for Prop 40, the one-time, 5% tax on billionaires.
A Closer Look: No Tax on Everything—The Tax Mess Trump Has Left Us
I wanted to take the pen for this week’s Closer Look to share a piece that I wrote for my Substack last month in support of the Working Americans’ Tax Cut Act. I designed this legislation as the second part of the Patriotic Millionaires’ legislative platform, The MONEY Agenda.
Heard About Buy-Borrow-Die? Meet Buy-Hold for Decades-Sell
Billionaire investment gains that don’t escape tax entirely end up taxed far more lightly than most Americans realize. A ‘Billionaires Income Tax’ could fix that.
As I’m sure you’ve seen, the debt ceiling is in the news again as President Elon Musk and VP Donald Trump try to figure out how to lead the incoming kakistocracy. We thought it would be helpful to explain the issue and the negotiations around it, if you’re looking for some light reading as you finish up your holiday shopping.
Last night, President Elon Musk and Vice President Donald Trump—yes, you read that right—joined forces to kill a funding deal crafted by congressional Republicans to keep the government from shutting down on Friday. Good riddance. If Democrats are going to provide the majority of votes for a short-term government funding bill, it shouldn’t be one that would help unwind one of the signature accomplishments of the Biden era: cracking down on rich tax cheats.
Today, the Patriotic Millionaires joined forces with the Revolving Door Project to launch a grassroots letter campaign – housed at FreeCharlesLittlejohn.com – to urge President Biden to commute the prison sentence of Charles Littlejohn. For this week’s Closer Look, I want to tell you about Charles Littlejohn, make my case as to why he deserves clemency from the president, and do my best to encourage you to join our cause.
If you’re looking to do some holiday shopping this weekend, we have a great tip for you: order a copy of Pay the People! Why Fair Pay is Good for Business and Great for America from Amazon, Barnes & Noble, or Bookshop!
They say you can judge a person by the company they keep. Donald Trump, surrounded by his cadre of old and new billionaire friends, is the epitome of this truth.
Today’s the day! We’re thrilled to announce that our new book, Pay the People! Why Fair Pay is Good for Business and Great for America, is now available to order online and in bookstores across the nation – and that our journey to ensure fair pay for all has entered an exciting new chapter.
Oops! A Rich-People-Friendly Think Tank Confirms Our Richest Pay Under 1 Percent of Their Wealth Annually in Tax
A new Tax Foundation analysis also inadvertently shines a light on the uselessness of ‘adjusted gross income’ as an indicator of actual billionaire economic income.
We hope that you and those close to you have a safe and joyful Thanksgiving. Before the holiday begins, however, we wanted to reach out to you with a small ask.
Our members just finished gathering in Washington, DC this week to reflect on the past year, the outcome of last week’s election, and where we go from here. After a number of productive and engaging events, we feel ready to tackle the challenges that lie ahead in the new year.
A self-avowed authoritarian successfully wielded the economic frustrations of millions to win the most consequential election of our nation’s history. The Democratic establishment has only itself to blame. Voters demanded a fundamental overhaul of a rigged economic system. When neo-liberal Democrats dithered, Donald Trump offered to clear the board, and voters chose the dark unknown rather than the status quo.
In the final feverish stretch of the election, it’s easy to feel overwhelmed with policy announcements, endless fundraising texts, and news cycles that seem to last only minutes. If you’re feeling exhausted, we get it – we’re right there with you.
