EMBARGOED: Patriotic Millionaires Release VIDEO STATEMENT on House Tax Plan

Thursday, November 16

Not For Immediate Release: Embargoed Until House Vote on Tax Cuts and Jobs Act Nov. 16

November 16, 2017

Contact: Sam Quigley

[email protected]

202-446-0489

**WATCH THE VIDEO STATEMENT**

“They’re going to have their hearts broken”

Patriotic Millionaire Release VIDEO STATEMENT on House Tax Vote

Washington, DC- Today, in response to the U.S. House passing the Tax Cut and Jobs Act, the Patriotic Millionaires released a video statement featuring several of their members. Their responses to the plan ranged from “Republican Feudalism” to “Welfare for the Wealthy.”

Patriotic Millionaire Eric Schoenberg doubled down on a charge he made in a recent Stuart Varney appearance which received 13 million views on Facebook and forced a response from the Fox Host. “For the last 30 years, every time Congress has gone in to change the tax system, I have come out ahead,” said Mr. Schoenberg.

Patriotic Millionaire Chair Morris Pearl, a former BlackRock, Inc. Managing Director said, “Giving a tax break to a small number of the very richest people might help a small number of the very richest people, but it certainly is not going to help anyone else.”

“When men and women sit down a year from now to fill out that first Trump tax return, they’re going to have their hearts broken,” said Patriotic Millionaire Leo Hindery, Jr., Managing Partner of InterMedia Partners and former CEO of AT&T Broadband.

It’s very simple.

“When you give millionaires a tax cut, the middle class will pay.”

To schedule an interview or for further comment, please contact Sam Quigley at [email protected].

**WATCH THE VIDEO STATEMENT**

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About the Patriotic Millionaires

Proud “traitors to their class,” members of the Patriotic Millionaires are high-net worth Americans, business leaders, and investors who are united in their concern about the destabilizing concentration of wealth and power in America. The mission of The Patriotic Millionaires organization is to build a more stable, prosperous, and inclusive nation by promoting public policies based on the “first principles” of equal political representation, a guaranteed living wage for all working citizens, and a fair tax system. You can find out more at http://patrioticmillionaires.org/about/

The Patriotic Millionaires have appeared on hundreds of media outlets here and abroad, including The Daily Show with Jon Stewart, the PBS NewsHour, The New York Times, Washington Post, CNN, MSNBC, Fox News, and many others. You can find more coverage at http://patrioticmillionaires.org/media

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The Patriotic Millionaires
1701 K St NW
Suite 750
Washington DC 20006 United States