Unlike President Trump and congressional Republicans, we’re not letting go of our proposal to raise taxes on the rich. While they may have ideas and “concepts of a plan,” we are the ones with a legitimate, well-constructed legislative agenda that will deliver real and substantive relief to working people.
At a press conference in August 2024, while standing in front of a table stacked with grocery staples, then-presidential candidate Donald Trump said, “When I win, I will immediately bring prices down, starting on day one.” We’re now officially 100 days into Trump’s second presidency, and not only did the president break that promise, but he is actively pursuing a policy agenda that will make America’s checkout lines wildly more expensive than they already are.
We don’t think it’s too much to ask to have an IRS that is equipped to collect the taxes that Americans owe and to help working people file their returns without undue burden. It’s a pity that the Trump administration disagrees.
The nightmare scenarios anti-tax groups paint ignore the huge impact of ‘buy-hold for decades-sell’ tax avoidance on the taxes our ultra-rich end up paying.
Earlier this month, one of our members, Abigail Disney, spoke at an inaugural event, “Tax Justice and Solidarity: Towards an Inclusive Sustainable Common Home,” hosted by the Pontifical Academy of Social Sciences and the Independent Commission for the Reform of International Corporate Taxation in Vatican City.
Last week, we told you about Trump’s strategy to “flood the zone” by ushering in an endless parade of policy changes in an effort to totally overwhelm his opponents and hamper their ability to effectively fight back. It’s now week three of Trump’s second term, and unless you’ve been living under a rock, you’ve probably noticed that his flood zone has become something of a tsunami.
Democrats need a tax life raft in Trump’s flood zone
President Trump has been in office for nine days, but it feels more like nine years in light of how much his administration has already managed to do and change.
On Monday, the world marked two important beginnings: the start of President Donald Trump’s second term and the 55th Annual Meeting of the World Economic Forum in Davos, Switzerland – better known as simply “Davos.” What we witnessed of the attendees at one event made us all the more confident in our demands of the attendees at the other.
Happy New Year! We hope that you and those close to you have had a wonderful start to 2025. We might be millionaires, but we’re no different than most when it comes to setting New Year’s resolutions. We think goal setting is important in any year and season, but especially this year as Republicans assume their “trifecta” of control in both chambers of Congress and the White House in less than two weeks.
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.
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.
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.
