Stop saying the Democrat’s Senate-passed budget is "too expensive."

All $3.5 trillion of President Biden's #BuildBackBetter agenda can be paid for by making the wealthy & corporations pay their fair share in taxes.

Here's what that looks like, in one handy, interactive thread:
President Biden's proposal to raise the corporate tax rate from 21% to 28% raises 💸$858 billion💸

What #BuildBackBetter priorities would YOU put $858 billion towards?
President Biden's proposal to #FundTheIRS and crack down on wealthy tax cheats raises 💸$700 billion💸

What #BuildBackBetter priorities would YOU put $700 billion towards?
President Biden's proposal to close international corporate tax loopholes raises 💸over $1 trillion💸

What #BuildBackBetter priorities would YOU put $1 trillion towards?
That's not to mention the $324 billion we can raise by closing capital gains tax loopholes that often let the rich AVOID paying taxes on their investment gains for their entire lives, and then go on to pass those gains onto their heirs tax free.
"It's too expensive" is not a valid excuse for blocking historic investments in families.

When we make the rich and corporations pay their fair share in taxes, we can do big things.

Not making them pay more than anyone else. Not 'soaking' them. Just paying their fair share.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Americans For Tax Fairness

Americans For Tax Fairness Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @4TaxFairness

24 Aug
BREAKING: America's 708 billionaires are now worth $4.8 trillion after gaining $1.8 trillion, up 62%, during the pandemic.

That wealth growth alone could pay for over half of the Democrats' $3.5 trillion budget plan.

Don't tell us we can't afford to invest in working families.
Those who say $3.5 trillion to lower costs for working families and invest in clean energy is "too expensive" are simply not paying attention.

Those who want the package to be "paid for" can look no further.

Yes, we can tax billionaires to Build Back Better. In fact, we MUST.
Thanks to loopholes in our tax code, most of the billionaires' wealth gains will go untaxed until they sell their assets.

So while you paid income taxes on anything YOU may have made during the pandemic, these billionaires may never pay.

This is about basic fairness.
Read 6 tweets
14 Jul
BREAKING: Billionaires have gotten $1.8 trillion richer, nearly all tax-free, since the pandemic began.

Don't tell us we can't afford a bold reconciliation package that invests at least $4 trillion in jobs and families, paid for by fairer taxes on the rich and corporations.
That jump in wealth alone is enough to fund @POTUS' entire American Families Plan.

It's half of the cost of the proposed reconciliation package.

Elon Musk's wealth gains alone could pay for ten years of community college AND provide summer meals for low-income students.
These gains will likely never be put to good use, however, because our tax code doesn't tax wealth the way it does work.

In other words, you'll pay your fair share on any paychecks you took home during the pandemic, but these billionaires will pocket their wealth gains tax-free.
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(