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.
We saw the interview that you gave last week to Andrew Ross Sorkin on CNBC’s “Squawk Box,” and wanted to respond to some of the things you said that relate to our three-pronged mission to tax the rich, pay the people, and spread the power. There are places we agree, and areas we do not. We hope that you will approach this letter with an open mind, and consider joining us in our work.
A Closer Look: The Equal Tax Act is exactly what America needs
Yesterday, we teased that we would be sharing a forthcoming solution to the way our tax code unfairly pits our money against your sweat. Today, we’re happy to share what we’ve been working on to reach this very important moment.
Donald Trump dismissed the head of the Bureau of Labor Statistics (BLS), saying that she had been working in a partisan manner, against him with regard to the information released in the monthly employment situation report, particularly the total number of jobs created.
A Closer Look: Here’s how lopsided the GOP megabill really is
Republicans have had a tough time this summer selling their big, ugly megabill to their constituents. But if people actually knew the full extent to which the bill benefits rich people like us, they’d doubtless find the task tougher, or flat-out impossible.
A Closer Look: Attacks on ballot measures are attacks on democracy
There is a lot of buzz these days about gerrymandering, what with Texas House Democrats risking arrest and fleeing their state in protest over an aggressively redrawn congressional map that favors Republicans. But there’s another, equally nefarious attack on voting rights and democracy going on in America right now that’s flying under the radar: the direct and indirect suppression of citizen-initiated ballot measures.
A Closer Look: We made the front page of The Washington Post!
We’re hitting your inboxes a little earlier in the week than usual with this week’s Closer Look. That’s because we have very exciting news that we could not wait to share with you all: The Patriotic Millionaires made the front page of The Washington Post!
A Closer Look: Tax the rich. Save the planet (literally).
It’s really easy to blame the rich for today’s problems, because frankly, they deserve it. The rich bear most of the blame for what’s wrong with our economy. They bear most of the blame for what’s wrong with our democracy. And, they bear most of the blame for what’s wrong with our planet too.
A Closer Look: Working people are the real job creators
It’s a tale as old as time: if you give the wealthy and corporations special tax breaks, they will invest their savings into the broader economy, which ultimately creates jobs and benefits everyone in the long run.
A Closer Look: Our definition of patriotism is different than Trump’s
We recognize in times like this, it can be challenging to feel patriotic when faux patriotism is being used to tout tax cuts for the rich at the expense of the most vulnerable in our communities. That is why we here at Patriotic Millionaires would like to use both this Independence Day and this week’s Closer Look to reflect on what patriotism actually means, and to remind ourselves why we call ourselves the “Patriotic Millionaires.”
