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.
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.”
A Closer Look: “Recession indicators” are right on the money
“Recession indicators” have been all the rage on social media over the last month. To avid scrollers, anything that was popular during the 2008 financial crisis that’s now making a comeback – from knee-high Converse sneakers, to Lady Gaga being back on the charts, to “Mamma Mia!” being back on Broadway – all signify that a recession is looming in America.
Recently, members of Congress, part of the Blue Dog caucus, published an op-ed in The Hill, asking readers: Our constituents have to balance their budgets every month—why can’t the federal government do the same?
