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.
A Member Spotlight: It’s high time for some common sense on taxes
My name is Todd Oppenheimer, and I’m one of 200 high-net-worth members of the Patriotic Millionaires. We usually write our weekly “Closer Look” newsletter in the collective voice of all our members, but this week the organization gave me the pen for a new offering we’ve started called “A Member Spotlight,” which offers a deep dive into issues around economic inequality from the perspective of one of our millionaire members.
A Closer Look: Gig workers in America deserve better
Last week, we talked all about the 17-years-long, abysmally low $7.25 federal minimum wage. This week, we are putting the spotlight on the millions of “gig” workers across the country who aren’t even entitled to the minimum wage thanks to the machinations of corporations.
You could say that the month of July is filled with “maliversaries,” which is our word for a bad anniversary at Patriotic Millionaires. At the start of the month, we marked the first maliversary of the passage of Republicans’ One Big Beautiful Bill Act which overwhelmingly benefited the wealthy and corporations. Now at the end of the month, we’re marking the 17th (!) maliversary of the last time the federal minimum wage was raised.
We see our four-part legislative platform, The MONEY Agenda, as a way for lawmakers to tax the rich, make up for the Founders’ failings, and finally do something meaningful to put a check on excessive wealth. But in a new opinion piece for Nonprofit Quarterly out yesterday, one of our members, Nicole Piccinini Pesco, eloquently makes the case that we need reparations in addition to tax reform to fully atone for our nation’s sins and achieve racial and economic justice.
A Closer Look: Lights, Camera, Patriotic Millionaires!
Following our Spring Symposium in April, we gave you a rundown of the top media hits we received in the spring. It’s been three months, but our momentum in the media shows no signs of slowing down. Instead of making you poke around the internet for all these hits, we’ve compiled them all in one place for you so you can catch up with ease!
A Closer Look: We support a tax on thousand millionaires
When the world’s leading expert on wealth inequality says that the California billionaire tax could be the turning point to kickstart the national and international movement to tax extreme wealth, you believe him. And when he reaches out to you personally to ask for your support of the measure, you give it.
A Closer Look: The maliversary of the One Big Beautiful Bill Act
We imagine you have a lot going on in the lead-up to the Fourth of July and America 250 celebrations. Many of our friends and neighbors are putting the final touches on their parade floats, buying up hot dogs for their barbecues, or just trying to stay cool amidst the heat wave making its way across the country right now. As for us? We’re reflecting on the first anniversary of the signing of President Trump and congressional Republicans’ One Big Beautiful Bill Act (OBBBA).
A Closer Look: The path to our first trillionaire started 250 years ago
We feel it’s a bit ironic—and, frankly, eerie—that we’re witnessing the birth of our first trillionaire on the eve of America’s 250th birthday. For this week’s Closer Look, we want to highlight the Founding Fathers’ complicated role in delivering America its first trillionaire 250 years after they declared independence from the British monarchy.
A Closer Look: Young people need the Working Americans’ Tax Cut Act
As a still-young (kinda) person myself, and the mother of a young person who will be starting his college journey next year, I worry a lot about what we are doing—and more importantly, not doing!—to ensure that young people still have a chance at the American Dream.
It's only been five weeks, but the good news on unions just keeps piling up—so much so that we feel we are in for a repeat of the summer of 2023. You may remember that was what organizers called “Hot Labor Summer,” given the historic victories that unions notched for workers across a variety of industries.
Here are a few of the ways that the Working Americans Tax Cut Act, or WATCA for short (S. 4083/HR 7937) provides a boost to hardworking low-income households while avoiding the pitfalls of other proposals.
