A Closer Look: Join us at “HOW TO WIN, Tax the Rich, and Save the World.”
After teasing you a bit last week about our 2026 Spring Symposium, “HOW WE WIN, Tax the Rich, and Save the World,” we’re thrilled to officially bring you into the fold and invite you to join us virtually for what we think will be one of the best events of the year. In just five days, you’ll be able to stream an event unlike any other.
It’s the beginning of a new month, and that means we’re seeing new reports about the job numbers from March 2026. The headlines say that unemployment dropped from 4.4% in February to 4.3% in March. That is good and welcomed news. But, it is not the full story and I want to explain a bit more about what is behind that number.
Seeing how today is also April Fools’ Day, we thought we’d have a little fun with the holiday—with a Patriotic Millionaires’ twist, of course. Unlike most, we aren’t spending the day cooking up elaborate pranks to play on our loved ones or coworkers. Instead, we created a list of our top five “April Tax Fools.”
A Closer Look: Demystifying the Working Americans’ Tax Cut Act
My name is Holli Woodings, and I’m the Vice President of Government Affairs here at Patriotic Millionaires where I oversee our legislative, policy, and political work. Previously I’ve served as the President of Boise City Council, as a State Representative in the Idaho Legislature, and as a Senior Fellow at the National Institute for Civil Discourse here in Washington, DC.
Our Senior Vice President of Tax Policy, Bob Lord, has been on a roll for the last few weeks – so much so that we’ve decided to devote an entire Closer Look to bragging about him!
The New York Times is Validating What We’ve Been Saying
For what feels like forever, the Patriotic Millionaires have been talking about the need to tax unrealized capital gains. We’ve been talking about the need to uplift workers affected by deindustrialization. And we’ve been talking about the looming expiration of many provisions of the 2017 GOP Tax Cuts and Jobs Act. Now, The New York Times has entered all these conversations, and we’re feeling some considerable validation because of it.
Tech broligarchs’ weird adoration of Donald Trump is problematic for a number of reasons, but their fears about having taxes levied on their unrealized capital gains may explain why they’re so willing to abandon the basic tenets of democracy to support their fellow billionaire.
The Economist is Wrong About Unrealized Capital Gains
I have been a subscriber to and reader of The Economist for almost 20 years. I have appreciated their balanced and intelligent coverage of world events, with a perspective of classical economic liberalism. Yet I find myself in the unusual position of taking issue with two of their recent articles: “How to tax billionaires – and how not to” and “America’s rich never sell their assets. How should they be taxed?”
We here at the Patriotic Millionaires like to use Independence Day to remind ourselves what patriotism means and why we go about calling ourselves “patriotic” in the first place. And judging by recent events at the Supreme Court, this refresher on American patriotism is sorely needed.
We’ve known for a while now that our desire for lawmakers around the world to raise taxes on wealthy people like us isn’t fringe. But now, we officially have the numbers to back it up – and a blueprint for how international leaders can institute minimum standards for taxing the global rich.
