.
@AOC
— “We have money for tax loopholes for yachts. We have money to incentivize stock buybacks.”
But suddenly, we “can’t afford” to give struggling families the relief they so desperately need.
.
@AOC
is right! We have two options in the continued
#FightFor15
1. Override the Parliamentarian's advice & move forward with the $15 minimum wage in the COVID package.
2. Eradicated the deeply flawed filibuster.
Which is it going to be, Democrats?
Take it from the founder of Men's Wearhouse—raising the minimum wage is not a Republican or a Democratic issue.
It's an American issue—about making sure that when employees go home they have enough money to drive businesses.
$7.25 is an immoral abomination.
#RaiseTheWage
now.
"My dad owned a small business, and in good years, we tried to pay our secretaries, all our workers, a little bit more. But as the CEO as a major company, there's nothing that stops me from just buying my own stock back - how is this different from a pyramid scheme?" -
@AOC
👏
@POTUS
If you make $100,000 working and a millionaire makes $100,000 selling stock, the millionaire will end the year almost $9,000 richer than you because of the tax code.
Take it from us millionaires— we can afford to pay more in taxes.
#TaxTheRich
Mitch McConnell's net worth:
2009: $19,929,018
2020: $34,000,000
Federal minimum wage:
2009: $7.25/hour
2020: $7.25/hour
He literally profits off of leaving workers behind. No wonder he won't pass the
#RaiseTheWage
Act or provide
#COVID
relief to struggling Americans.
NEW: Starbucks has fired its top lawyer, Rachel Gonzalez. The company’s high-paid legal team has lost repeatedly in efforts to stop the rapidly growing union drive.
Gonzalez will receive an $8 million golden parachute from Starbucks.
49 Senators voted against the COVID relief bill.
211 House members voted against the COVID relief bill.
Meanwhile, 75% of Americans support this sweeping legislation.
We need people in power who work for the folks they represent.
.
@BernieSanders
: "Why is it that in Europe, inflation is at 11%? You think that's Joe Biden's fault? In the UK, it's at 10.1%. And it is higher in many parts of the world than it is in the US... The major reason for inflation today is the outrageous level of corporate greed."
.
@AOC
is right.
It’s shameful that even in a time of crisis, American families are getting crumbs compared to what corporations are getting.
Americans deserve better.
It’s unacceptable that while us wealthy folks stay home during the pandemic, essential workers risk their lives going to work all while paying more in taxes than the wealthy.
Take it from the millionaires—we can afford to pay more in taxes & we should.
The wealth of the 10 richest men has doubled, while the incomes of 99% of humanity are worse off because of COVID19.
That's a rate of $15,000 per second or $1.3 billion a day.
We desperate need a
#WealthTax
now.
For every dollar the IRS spends on auditing rich tax cheats, it makes back $12.
Increasing enforcement is clearly a great investment, but Republicans care more about helping the rich avoid taxes than they do about cutting the deficit.
TODAY: we delivered more than 18,000 signatures to members of the Jan. 6 Committee calling on them to show us the money & expose who funded the attack on our democracy.
The committee must add a hearing to reveal who exactly wanted to destroy American democracy just to get rich.
NEW AD:
@SenatorSinema
, we've got some questions for you.
How does refusing to close the carried interest loophole help your constituents?
Oh right, it does't.
But it sure does give billionaires a reason to give you money!
Chipotle CEO "earns"
💰$33,520,940 a year
💰$644,633 a week
Average Chipotle employee earns
💵$13,779 a year
💵$265 a week
The average Chipotle employee would have to work almost 47 years to make what the CEO “earns” in ONE week.
Mitch McConnell's net worth:
2009: $19,929,018
2019: $27,000,000
Federal minimum wage:
2009: $7.25/hour
2019: $7.25/hour
He literally profits off of leaving American workers behind. No wonder he won't pass the
#RaiseTheWage
Act.
Elon Musk's Wealth:
March 2020: 24.6 billion
Now: 286 billion
Jeff Bezos' Wealth:
March 2020: 113 billion
Now: 204.3 billion
Minimum Wage:
2009: $7.25
2021: $7.25
There's something seriously wrong with a country that continues to refuses to
#TaxTheRich
AND
#RaiseTheWage
US oligarchs have used their wealth to accumulate vast amounts of political power, & with that power, they rigged our economy and brought our democracy to its knees.
#TaxTheRich
, our democracy depends on it.
Disney: It's time to enact a new tax code that drives the benefits of the economy directly into the pockets of working people and requires those who benefitted the most from America's economic structure to recycle a significant portion of that benefit back into our society..
When someone says "bUt hOw wIlL We pAy fOr iT?!"
Just show them the numbers:
💵Low Income People
Effective Tax Rate
1950: 17%
Now: 25%
💵Middle-class
Effective Tax Rate
1950: 19%
Now: 25%
🤑Billionaires
Effective Tax Rate
1950: 70%
Now: 23%
#TaxTheRich
Fun fact: McDonald's would only have to raise the price of the big mac 17 cents in order to pay ALL of their workers at least $15 an hour.
#RaisetheWage
#Fightfor15
McDonald's employee
🇺🇸US:
▪️$7.25/hour
▪️No benefits
🇩🇰Denmark:
▪️$22/hour
▪️Six weeks of paid vacation a year
▪️Life insurance
▪️A year’s paid maternity leave
▪️Pension plan
▪️Universal health coverage
Big Macs in Denmark cost just 27 cents more.
"The top 0.1 percent now control about the same amount of wealth as the bottom 90 percent of the entire population."
The super rich are bad for our economy, bad for our environment, and bad for our democracy. We should tax them out of existence.
We're tired of hearing people's excuses against raising the minimum wage.
Folks have worked tirelessly for years and even harder during the pandemic and somehow you have an excuse to not pay them more than $7.25 an hour?
#RaiseTheWage
now.
The United States currently has the lowest minimum wage by a long shot compared to other countries.
It's time to
#RaisetheWage
so that low-wage workers in America can make a living. $7.25 is not a living wage.
.
@AOC
is right—we’re not buying the PR stunt,
@McDonalds
If you want to look like you’re raising your wages to $15/hr then you should actually raise them to $15/hr for every McDonald’s worker in this country. Minimum.
#FightFor15
Let's get this straight:
Marriott, a hotel company that last year paid their CEO $12.9 million, made $21 billion in profits, all while only paying a 13% tax rate—cut workers' hours to 0 so that they can't earn a wage OR claim unemployment benefits?
That should be criminal.
"Our tax system is a monstrosity. It's terrible in ways that have been perpetually slanted toward the rich. And I say this as someone who has done quite well in life."
-Patriotic Millionaire Eric Schoenberg
Minimum wage for tipped workers has been just $2.13/hr since 1991.
That same year:
—The USSR collapsed
—The Hubble telescope launched
—Cheers was still on TV
—Freddie Mercury died
—Average monthly rent was $495
#1FairWage
now.
Art Laffer might be the top economist in Trump’s ear soon.
In case anyone forgot— he’s responsible for the immense damage done to our economy by trickle-down economics.
Reminder: You don’t grow the economy by giving tax cuts to billionaires.
"What actually happened when we
#RaiseTheWage
in Seattle? We had stronger businesses, happier and healthier families, and a growing economy."
@RepJayapal
When workers' wages go up, everyone benefits.
Democracy isn’t just under attack from Russian oligarchs. The US has its own, and they're no less dangerous. This conference will explore the threats we face and practical steps to reclaim our country for everyday people before it’s too late.
#TaxTheRich
BREAKING: As states across the country face dire budget shortfalls, NJ will embrace a millionaires tax to fund critical relief measures. Way to go
@GovMurphy
👏👏
This is how and why we
#TaxTheRich
.
Their CEO "earned" $11.5 million in total compensation last year, nearly 195 times more than their average employee.
In the last 5 years, they spent $13 billion in stock buybacks AND they just got a $5.8 billion bailout.
"More than half of Americans say they would be either disappointed or angry if the tax plan is signed into law. Even among Republicans, enthusiasm is somewhat muted."
#TaxScam
Apple is now worth $2,000,000,000,000. That's 2 Trillion.
You would have to save a million dollars a day since before the beginning of recorded human history—5,480 years—to reach that level of wealth.
Yet supposedly, taxing corporations more will run them into the ground.
The new GOP Tax Code is not any sort of coherent economic philosophy, it is a payoff to the donor class that will be paid for by America’s middle class. We created to help candidates run & win against this obscene bill.
#ItsAPayoff
It's been 13 years since the wage was last raised.
We are living in the longest period without a minimum wage hike in our country's entire history since the introduction of a federal wage floor in 1938.
BREAKING: Over 200 millionaires from 13 countries demand global leaders at Davos tax extreme wealth.
The history of the last 5 decades is a story of wealth flowing nowhere but upwards. The solution is simple. You, our global representatives, have to tax us, the ultra-rich, now.
200+ millionaires are calling on governments around the world to “tax us, the ultra rich, now” in order to help billions of people struggling with cost-of-living crisis.
@MarleneEnglhorn
&
@Phil_White_99
hand-delivered the letter directed at Davos attendees to the
#WEF23
.
SOLD to private equity billionaires:
@SenatorSinema
!
It's clear that she doesn't work for her constituents, she works for her private equity and hedge fund billionaire supporters.
Bailout workers, not corporations
Bailout workers, not corporations
Bailout workers, not corporations
Bailout workers, not corporations
Bailout workers, not corporations
Bailout workers, not corporations
Bailout workers, not corporations
Bailout workers, not corporations
Our member
@abigaildisney
signed a letter along with 300+ millionaires, economists, and politicians demanding that G20 leaders tax the rich.
Extreme wealth inequality is a threat to democracy. The G20 must act before it’s too late.
Corporate revenue in 2018:
🤑Walmart: $500 billion
🤑Amazon: $232 billion
🤑Disney: $59.4 billion
🤑McDonald's: $21 billion
They can afford to lower the pay gap between their workers and CEOs!
#TaxCEOs
Things Biden can pass with a Democratic Senate:
-increased minimum wage
-comprehensive COVID relief
-higher taxes on the rich
-sweeping investments in a green economy
-end of partisan gerrymandering
Georgia's runoffs are must wins for the future of our country and democracy.
Fact: Trump's "tax cuts" were nothing more than a $1.9 trillion give away to billionaires and corporations, leaving working Americans to foot the bill.
We, the wealthy, don't need tax cuts. Raise our taxes—we can handle it.
#Debates2020
Inequality in the US is a result of:
The wealthiest
👉controlling almost all wealth
👉influencing politics in their favor
👉running corporations that don't meet basic human standards
All while trying to scrub their reputations with philanthropy.
A must-read on
@AnandWrites
!
CEO to worker pay ratios:
▪️McDonald’s: 2,124:1
▪️Disney: 1,424:1
▪️Walmart: 1,076:1
▪️Starbucks: 1,049:1
▪️Target: 767:1
▪️CVS: 618:1
▪️Macy's: 582:1
▪️Barnes & Noble: 562:1
Inequality in America is out of control & outrageous CEO pay is part of the problem.
#TaxCEOs
How do you rig an economy? You start with the tax code.
As the Biden administration embarks on a re-rewrite of the tax code— we've published Tax The Rich! How Lies, Loopholes, and Lobbyists Make the Rich Even Richer.
Grab your copy today at
"When you look at the
#GOPTaxScam
, about 60% just went to buybacks, and now we're being told that our GDP is going up because of it - so it's possible our GDP numbers are going up without actually adding any value to our economy." -
@AOC
Extreme economic inequality is the existential crisis of our time and must be confronted. This conference will lay out a bold new American Agenda that will undo decades of concentration of wealth and power, and stabilize our economy and our democracy.
The American people should be angry about Trump’s tax bill, but they should be more angry that this is what our system is designed to do.
If they want real change, they need to focus their energy on holding all rich Americans accountable, not just Trump.
Watch
@abigaildisney
as she makes the call to Disney & all corporations to place their workers above shareholders and offer respect, dignity, and a living wage to everyone who works for them.
The ONLY economic relief bill that makes sense at all is one that focuses on bailing out workers, not shareholders.
Our economy can survive wealthy investors losing a fraction of their net worth. It cannot survive 30% of Americans going without ANY form of income for months.
This is an incredible gesture, and we love to see it. But all students deserve a future without being crushed under the weight of student debt. They need their government to step up.
Say it with us now: charity isn't a solution to system-wide failures.
To be clear: there’s nothing to “discuss” when it comes to the debt ceiling. It has to be raised.
Today, Biden should stand up to GOP bullies & not allow them to hold the entire global economy hostage in their pursuit of destroying the social safety net.
A Mcdonald’s Employee in the US makes $7.25/hr with no employee benefits.
🍔cost of a Big Mac in US $4.80
A Mcdonald’s employee in Denmark makes $22/hr with employee benefits & universal healthcare coverage.
🍔cost of a Big Mac in DK $5.15
Workers in the US deserve better.
"White supremacy upholds billionaire supremacy."
@AnandWrites
Billionaires swoop in to fund public policy initiatives & then distract from the fact they've built a society that ensures their own necessity by opposing policies that benefit the public good.
We completely agree!
It's past time to bring back competitive markets and reign in corporate greed.
Corporations continue to use their profits to help shareholders and CEOs to the detriment of their employees.
Don't believe us? The proof is in the numbers.
Don’t tell me corporations have no choice but to raise prices.
Corporate profits are at a 70-year high.
Stock buybacks are expected to reach $1,000,000,000,000 this year.
News flash: They’re using inflation as cover to squeeze more money out of you.
When the wealthy evade billions in taxes a year...
When billionaires became $1.8 trillion richer while regular Americans suffered through COVID19...
We must
#TaxTheRich
to pass
@POTUS
Build Back Better agenda.
Take it from us millionaires— we can afford it.
A new CBO report finds that the cuts to IRS funding that Republicans demanded will actually *increase* the deficit by $19 billion.
It was never about the debt for Republicans. It was about helping their tax cheating donors get away with breaking the law.
We don’t think, as some do, that we need to raise taxes on the rich to “pay for” things like education, infrastructure, and transportation.
Instead, the real reason we want to raise taxes on the rich is to reduce inequality. Read more to find out why.