With a wealth tax stalled at the national level and Republicans in control of the U.S. House, a coalition of progressives at the state level are fighting for tax justice.
by Nick Vachon, In These Times
The super-rich have done phenomenally well over the course of the pandemic. Since March 2020, U.S. billionaires have increased their wealth by 50% and the world’s 10 richest men — led by Tesla founder and Twitter owner Elon Musk—doubled their fortunes in the same period.
Now, a coalition of state lawmakers from California, New York, Washington, Connecticut, Illinois, Maryland, Minnesota and Hawai’i have announced a coordinated effort to increase taxes on their wealthiest residents.
The push is part of a new effort called Fund Our Future and is supported by the State Revenue Alliance — a group that coordinates political campaigns around tax justice — and SiX Action, a wing of the nonprofit State Innovation Exchange, which provides support to state legislators working to pass progressive policies.
Recent Posts
Stop Israel’s Dystopian “Humanitarian City” Plan—Before It’s Too Late
Take Action Now For the past 20 months, the world has watched—and largely enabled—a genocidal campaign in Gaza. Over 55,000 Palestinians have been…
The “Liberal” International Order Is Criminalizing Palestine Protests
Take Action Now As Western governments repress Palestine solidarity and enable Israel’s impunity, the “liberal international order” is no longer…
Politicians Are Betraying Gen Z On Climate
Take Action Now While Gen-Zers thrift, knit, crochet, and find other ways to reduce our footprints, Trump and the GOP are greenlighting more climate…
Trump’s Deportation Threat Against Zohran Mamdani Is Shameful
Take Action Now In only half a year of Donald Trump’s presidency, he and his allies have turned deportation into an explicitly political threat…