Danielle, You know that feeling you get when you find 5 bucks in your pocket? It's pretty good, right? Do you know how much Jeff Bezos would have to find in his pocket for it to mean the same thing to him? $6 million. Yeah, that's right: Five bucks to you is, like, $6 million to billionaire Jeff Bezos. That is how rich that guy is. And it's not just Bezos. Today, the top one-tenth of one percent owe nearly as much wealth as the bottom 90% of all families combined. Enough is enough. It is time to unrig the economy. And that starts with the ultra-wealthy, paying their fair share. I've just reintroduced my Ultra-Millionaire Tax plan to make billionaires finally pay their fair share in taxes. I want to share more below on what this plan calls for and how much it would generate if we just tax billionaires two cents on every dollar of their net worth above $50 million — but we need to show that this plan has massive, public support. Will you add your name to show your support for our two-cent wealth tax? Over the past few decades, the rich have gotten richer while working families have struggled just to get by. When we first introduced the Ultra-Millionaire Tax, economists projected it would raise $3 trillion over a decade. That estimate has now doubled to $6 trillion. Not because the tax changed — because billionaire wealth exploded. While working families were figuring out how to pay their bills, billionaires were doubling their fortunes. So what do they do with all that money, besides buying yachts, mansions, and sending Katy Perry into space? Well, they hire lobbyists to protect their tax breaks, then push to cut the very programs that keep working families afloat. They rig the game, and then they rig it again. If just one billionaire like Jeff Bezos paid under this plan, we could fund insulin for everyone in America who needs it — and still have money left over. Now imagine what's possible if every ultra-millionaire and billionaire chipped in just a few cents on the dollar. The Ultra-Millionaire Tax asks the wealthiest 0.15% of households to pay 2% on wealth over $50 million — and it closes the loopholes that let them avoid paying in the first place. That means: - Rebuild and strengthen the IRS so it has the staff, technology, and resources to enforce the Ultra-Millionaire Tax.
- Stronger audits ensure the ultra-wealthy actually pay what they owe.
- An exit tax that requires anyone with over $50 million in wealth who renounces U.S. citizenship to pay 40% on wealth above $50 million.
- Better asset valuation tools to give the IRS the power to accurately assess private businesses, artwork, and other hard-to-value property.
- More transparency and accountability, with banks and third parties reporting to the IRS, and penalties for anyone who hides or underreports wealth.
With my two-cent wealth tax, we could make the American Dream a reality. We could expand child care, lower housing costs, cut child poverty, strengthen Medicare, provide paid family leave, and make college more affordable — all by simply asking the ultra-wealthy to finally pay their fair share. It's time for a wealth attack in America. Let's get this done. Add your name today and stand with me for a tax code that works for everyone, not just the ultra-wealthy. Thanks for being a part of this, Elizabeth  | 
