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: America needs our “Cost of Living” Tax Cut Act
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.
A Closer Look: Staff the IRS. Save Direct File. Resist Trump.
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.
A Closer Look: Happy Tax Day, America! Tax the Rich.
Here at the Patriotic Millionaires, Tax Day serves as a yearly reminder that the ultra-wealthy can bypass many of the frustrating hurdles in our tax code at the expense of working people— and that it’s on us to continually call on lawmakers to raise our taxes. But now more than ever, we need Congress to act urgently, as we are facing an inequality crisis so extreme that it threatens the essence of our democracy.
A Closer Look: There won’t be “empty chairs” at our Expert Town Hall
People are showing up in droves at town halls around the country to express their outrage over all the damage that Donald Trump, Elon Musk, and their DOGE cronies are wreaking. Unfortunately, they’re not getting much in the way of answers from their elected officials. That’s why we’ve decided to host our own Expert Town Hall – “How to Beat the Broligarchs” – on Monday, April 7th, beginning at 9:00 AM ET.
A Closer Look: Democrats Have Six Months to Get Their Act Together
Democrats had three months to get their act together and completely blew it. Now, they have another six months to try again – and there’s too much on the line for them to fail.
