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.
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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.