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.
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.
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.
In their quest to win back the working-class vote, Democrats have recently taken one step forward and two steps back. For this week’s Closer Look, we’d like to tell you about these steps – and what we believe Democrats need to do to get on the right track.
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.
Last night, President Elon Musk and Vice President Donald Trump—yes, you read that right—joined forces to kill a funding deal crafted by congressional Republicans to keep the government from shutting down on Friday. Good riddance. If Democrats are going to provide the majority of votes for a short-term government funding bill, it shouldn’t be one that would help unwind one of the signature accomplishments of the Biden era: cracking down on rich tax cheats.
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.
