Middleboro Review and so on

  On Tax Day, Sen. Chris Van Hollen and Rep. Don Beyer reintroduced the  Millionaires Surtax Act.  That bill focuses directly on the part of the tax code lawmakers keep avoiding: income above $1 million for individuals and $2 million for married couples. A 10% surtax on that income would raise about $1.5 trillion over the next decade. 1 So why hasn’t Congress acted? Because the current system works exactly the way wealthy donors want it to. High-income households pull in massive earnings from capital gains, dividends, and business profits. Those income streams move through the tax code with lower rates and built-in advantages, allowing more wealth to stay at the top and grow even faster. That rigged system shows up every time lawmakers claim there isn’t enough money for healthcare, housing, education, or lowering costs. Tell Congress to stop shielding income over $1 million and pass the  Millionaires Surtax Act  so the richest households finally pay their fair s...

  SHARED TO INFORM, EDUCATE AND ENLIGHTEN ABOUT WHAT IS BEING  ACCOMPLISHED BY ACTIVE GROUPS THAT CORPORATE MEDIA WOULD  NEVER REPORT!  In the halls of Congress and from across the country, we’re letting Senators and Representatives know that the American people demand millionaires and billionaires start paying their fair share. Now, thanks to our work together, we’ve helped generate more congressional co-sponsors of a wealth tax than ever before.  That’s right! 45+ members of Congress have signed onto Sen. Elizabeth Warren and Rep. Pramila Jayapal’s  Ultra-Millionaire Tax Act  which would apply a small annual tax on extreme wealth, affecting only the wealthiest 0.15% of households. It would address massive wealth accumulation at the very top and generate $6.2 trillion in new revenue over the next decade. That’s money that can be used to expand access to childcare, housing, healthcare, and education while easing financial pressure on working people. Wh...