Stop Tax Breaks for the Rich: Create a New Tax System that Doesn't Favor the Wealthy

taxtherich.png

Who's signing

1,310 signatures

Will you sign?

For every 1000 signatures, NationofChange will send a letter to Congress, urging them to adopt a tax plan that will end tax breaks on the wealthy.

[Update 3/16/17: We have sent the first letter to Congress with 1,000+ of your signatures. We will continue to send letters every 1,000 signatures. Thank you!]

Tax breaks for the rich are completely out of hand. 

When Bill Clinton was elected president the 400 highest-earning taxpayers in America paid nearly 27 percent of their income in federal taxes, according to I.R.S. data. By 2012 that figure had fallen to less than 17 percent. This number is even lower now, and doesn’t include the loopholes and other ways the rich have used to their advantage to decrease their taxes paid.

Now House Speaker Paul Ryan has rolled out a new “consensus” republican tax plan full of rate cuts for the 1% and corporates, including repealing the estate tax and making it easier for companies to hide profits overseas.

Donald Trump’s proposed tax plan would be no better, also providing additional tax cuts for the wealthy.

A Citizens for Tax Justice analysis found that 60 percent of the tax breaks in the Ryan plan would go to the top 1% of Americans, compared to 37 percent under Trump’s plan.

It is time for us to speak out and do something about the tax breaks for the wealthy. Help us write to Congress to tell them to pass a new tax plan that stops major tax breaks for the rich and helps close the wealth gap.


Showing 1338 reactions

Leaderboard

1
+232sc earned social capital
2
+182sc earned social capital
3
+145sc earned social capital
4
+128sc earned social capital
5
+120sc earned social capital
6
+120sc earned social capital
7
+108sc earned social capital
8
+102sc earned social capital
9
+100sc earned social capital
10
+100sc earned social capital
11
+96sc earned social capital
12
+96sc earned social capital
13
+92sc earned social capital
14
+92sc earned social capital
15
+92sc earned social capital
16
+90sc earned social capital
17
+89sc earned social capital
18
+88sc earned social capital
19
+85sc earned social capital
20
+85sc earned social capital