No matter how hard they try to spin it, congressional Republicans forcing a shutdown is good for billionaires and bad for everyone else. Slashing government workers, undermining regulatory agencies, and gutting the IRS is another giveaway for the billionaires who already exploit our system.

Treasury Secretary Scott Bessent is spending $20 billion to rescue the Argentinian economy. Who stands to benefit from this use of our tax dollars? Billionaire hedge fund manager Rob Citrone, a friend of Bessent, who has invested heavily in Argentina.

Taxing the rich is an EXTREMELY popular policy. Our poll of likely voters in battleground congressional districts found overwhelming support for raising taxes on billionaires. Lawmakers need to listen to their constituents, because they couldn't be clearer about what they want.

This is the issue we need to pay attention to. America's unprecedented inequality has allowed a few hundred people to completely co-opt our democracy and reshape the economy to benefit themselves – at our expense. Taking back our country starts with taxing billionaires.

There are 354 more billionaires now than there were at the end of 2017—up 40%. Yet the rest of us can’t afford a house, and groceries are more expensive than ever. We gave "trickle-down economics" a chance, and it failed. It's only fair that we try a Billionaires Income Tax.

Our new poll with Impact Research confirms that taxing billionaires is one of the most popular policies heading into the midterms. Roughly 3-in-4 likely voters in battleground congressional districts and states like Michigan and Ohio support raising taxes on billionaires.

Pope Leo is right, this dangerous concentration of wealth is one of the most serious issues facing our society. We can no longer deny the consequences of extreme wealth on our climate, our economy, and the very fabric of our democracy. Tax. The. Rich.

NEW: Taxing billionaires is one of the most popular policies as we head toward the midterms. Our new poll with Impact Research shows that about 3-in-4 likely voters in battleground congressional districts support raising taxes on billionaires. Read more:

There are 1,135 billionaires in the U.S. with a collective worth of $5.7 trillion. That means just over 1,000 people have more wealth than the bottom 50% of Americans, 170 million people. We must tax the greedy billionaires to break up this dangerous concentration of wealth.

The rich continue to get richer. While household income for most Americans remained stable in 2024, the richest 10% of Americans actually saw their income rise. Since 2009, those richest 10% have seen a 30% increase in their pretax income, according to Census data.

Jeffrey Epstein was able to leverage his immense fortune, an estimated $560 million, to shield himself from justice for years Taxing extreme wealth is a key first step toward breaking up the dangerous concentration of power that enabled Epstein and endangers everyone else.

Turns out you don't get on the Forbes 400 by paying your taxes. A new study reveals how the 400 richest Americans exploited the system to pay a lower tax rate than the average American household from 2018 to 2020. Now Congress has made it even easier for them.

A new study found that the 400 richest Americans paid only 1.3% of their wealth in taxes from 2018 to 2020. Our Five & Dime proposal could raise nearly $7 trillion over 10 years with a wealth tax on just the households with wealth over $50 million. Tax the greedy billionaires.

Americans pay the cost of billionaire greed. The majority of SpaceX revenue comes from federal contracts, AKA American taxpayers, while the company exploits our system to avoid paying federal income tax. Quick reminder: SpaceX CEO Elon Musk is the richest person in the world.

Massachusetts collected nearly $3 billion more in tax revenue thanks to their millionaire surtax. Analysis by The Budget Lab at Yale shows that implementing a federal surtax of 10% on Adjusted Gross Income above $1 million could raise $1.5 trillion over the next ten years.

AI is creating new billionaires at an unprecedented pace and everyday Americans are footing the bill. The data centers required for AI consume a massive amount of electricity and strain electrical grids, driving up energy costs for millions of people.

We hope every member of Congress was paying attention to Mike Flood's town hall, because the message doesn't get any clearer than this.

The wealth of the world's richest 1% increased by a staggering $33.9 trillion over the last decade. $33,900,000,000,000. That much money is enough to eliminate annual poverty "22 times over."

Americans didn't want billionaires to get another tax break. In fact, likely voters overwhelmingly agree that billionaires pay too little in taxes already.

June 2025 was the 3rd-hottest June on record. Extreme weather is wreaking havoc across the country. We know that just 57 cement or fossil fuel companies were responsible for 80% of CO2 emissions from 2016-2022 – and yet the GOP tax bill handed Big Oil a $1 billion tax break.

America's 885 billionaires are now sitting on more than $7 trillion. Analysis by @4taxfairness.bsky.social shows that the combined wealth of billionaires in the United States increased 141% since Trump's tax laws went into effect in 2017.

“Think of it as the VIP lounge of the tax code — exclusive, plush, and surprisingly generous.” That's not satire, that's how one private jet charter company actually celebrated that the GOP tax bill has permanently made private jets tax deductible.

Grok spewing hate speech is a prime example of how extreme wealth sows division and spreads toxicity in everyone's lives. The richest man in the world shouldn't be allowed to poison public attitudes about racism and antisemitism with no accountability.

Join us Monday at 4PM EDT for the launch of the Extreme Wealth Center, a new initiative to confront wealth concentration in the U.S. This interactive webinar will examine the effects of extreme wealth and the imperative to tax the ultra-wealthy. RSVP: www.mobilize.us/peoplesactio...

Billionaires shouldn't exist. This tax giveaway for the ultra-wealthy demonstrates the danger of allowing the richest Americans to bend the system to their will. Working families will never have a real shot at the American dream until we break up this unprecedented concentration of wealth.

The so-called "Big, Beautiful Bill" that the Senate just advanced is nothing more than a tax giveaway to the ultra-wealthy that hurts working families. Allowing billionaires to continue hoarding wealth will kill innovation, slow growth, and keep the system rigged against us. Our statement:

"When families struggle to afford child care, housing or health care, they can’t fully participate in the economy as consumers, workers or entrepreneurs." @hboushey.bsky.social & @dsmitch28.bsky.social lay out the economic impact of allowing a small number of people to accumulate extreme wealth:

@hboushey.bsky.social & me on why we shouldnt be surprised that massive inequality-exploding tax cut wont grow economy Pro (equitable!) growth tax policies abound, including taxing ultra-rich, but #OBBBA moves in wrong direction @equitablegrowth.bsky.social @msnbc.com www.msnbc.com/opinion/msnb...

"Republicans rigged this score with deceptive math designed to hide the true, multi-trillion dollar cost of their [tax cuts for billionaires], and they wouldn’t need to do this at all if their bill actually paid for itself." www.politico.com/news/2025/06...

With the Senate advancing Trump's megabill, a reminder: A modest surtax on the ultra-rich would more than pay for the cost of extending tax cuts to the middle class—without Congress having to cut a single dollar from critical programs millions rely on.

If Jeff Bezos can afford to spend $55 million on his luxurious Italian wedding, he can afford to pay more in taxes.

Unchecked extreme wealth concentration poses a grave, unprecedented threat to our democracy. It’s time to tax those corrupting our political and judicial systems with millions of dollars in dark money.

Senate Republicans are finalizing their budget bill—but the damage is already clear. 🚨 Massive Medicaid & SNAP cuts 🚨 Trillions in tax breaks for the ultra-wealthy 🚨 Ballooning deficit Working families pay the price & billionaires cash in. Thx @bbkogan.bsky.social‬ ‬w/ @americanprogress.bsky.social🧵

NEW: According to an @oxfaminternational.bsky.social report released today, over the past decade, the world’s richest 1% have increased their wealth by at least $33.9 trillion. That's enough to eliminate annual poverty 22 times over. Isn't it time to tax America's billionaires?

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When it comes to the costs and consequences of funding tax breaks for billionaires at the expense of working families, Senate Republicans can’t seem to handle the truth.

"Choking off support for [clean energy tax credits in Trump's tax bill] not only hobbles U.S. efforts to fight climate change ... it also means there are fewer new sources of energy ... And reduced supply coupled with increased demand means higher prices."

"Republicans rigged this score with deceptive math designed to hide the true, multi-trillion dollar cost of their [tax cuts for billionaires], and they wouldn’t need to do this at all if their bill actually paid for itself."

“The U.S. government has delivered hundreds of billions of dollars in fossil fuel subsidies for more than a century, and this tax break just adds to that giveaway.” Tax breaks for Big Oil and billionaires at the ongoing expense of working families. prospect.org/politics/202...

"The success of our economy has always depended not just on the size of our GDP, but on the reach of our prosperity; on the ability to extend opportunity to every willing heart—not out of charity, but because it is the surest route to our common good." — @barackobama.bsky.social

Juneteenth is a celebration of freedom delayed—but not denied. It's also a call to action. Let us recommit to fulfilling America's promise of liberty and opportunity to Black Americans. To deliver racial equity and justice, we must tax concentrations of extreme wealth.

Trump's "Big Beautiful Bill," now before the Senate, calls for permanently allowing wealthy families to pass on more of their assets tax-free. They're protecting extreme, generational concentrations of wealth while gutting Medicaid for working families.

The Senate’s version of Trump’s “Big Beautiful Bill” would require selling off millions of acres of public lands to help pay for tax cuts for billionaires.

Sen. Jeff Merkley sounds the alarm on the Senate's version of Trump's "Big Beautiful Bill," which calls for: —Gutting Medicaid and decimating rural health care —Selling off America's public lands —Killing clean-energy jobs All to fund tax breaks for billionaires. WATCH:

NEW: As the Senate releases its version of Trump's "Big Beautiful Bill," @harvard.edu and @huntercollege.bsky.social researchers predict the bill could increase the number of annual deaths in the US by over 16,500—and leave 7.6 million more without health insurance. www.newsweek.com/trumps-medic...

Over the weekend, we proudly took a stand for the American Dream and against the extreme concentrations of wealth fueling America’s decline. No oligarchy. No monarchy. No kings.

The GOP's "Big Beautiful Bill" threatens to reverse hard-won gains for working and middle-class dads, from child tax relief to health care access. Rather than building a foundation for family economic security, the bill shifts burdens downward while protecting the wealthiest. #FathersDay

The GOP's "Big Beautiful Bill" would make it more difficult for dads across the country to support their families and make ends meet, all to deliver unnecessary tax breaks to millionaires and billionaires. Here's how the bill could impact you or the father figures in your life🧵

No oligarchy. No monarchy. No kings. Today we take a stand against the unchecked concentrations of wealth unraveling the American Dream. Join us. Find a protest near you: nokings.org

Today, we take a stand for the American Dream and against the extreme concentrations of wealth fueling America’s decline. If you're with us, join a #NoKingsDay protest near you: nokings.org