Thursday, December 19 - Pass the For the 99.5% Act and Tax Billionaire Dynasties
Actions You Can Take
Tell the Senate: Pass the For the 99.5% Act and Tax Billionaire Dynasties
Contact Senator Durbin at 312-353-4952 or at other numbers listed here
Contact Senator Duckworth at 312-886-3506 or at other numbers listed here.
Pass the For the 99.5% Act
Did you know that America’s wealthiest families are poised to pass down a staggering $21 trillion in untaxed fortunes over the next two decades? The For the 99.5% Act, championed by Bernie Sanders, aims to change that.
This critical legislation would ensure that the 657 billionaires in America, with a combined net worth of over $4.26 trillion, pay their fair share—potentially raising up to $2.7 trillion in estate taxes. The estate tax, often dubbed the “silver spoon tax,” is our only safeguard against unchecked dynastic wealth.
But under the Trump-GOP tax law, this vital tax was weakened, allowing billionaires to exploit loopholes and pass down their fortunes tax-free. Meanwhile, working families are left to struggle.
We can’t let this continue! It’s time to strengthen the estate tax and invest in healthcare, education, and infrastructure.
Call your senators today and urge them to support the For the 99.5% Act. Let’s ensure that billionaires pay their fair share while our communities thrive!
Contact Senator Durbin at 312-353-4952 or at other numbers listed here
Contact Senator Duckworth at 312-886-3506 or at other numbers listed here.
Action via Americans for Tax Fairness
While some of these Daily Actions come from our own work as Indivisible Chicago Alliance, others are from our many partners working to advance the progressive agenda. We invite you to join us in supporting their work. Postings from partners do not imply Indivisible Chicago Alliance endorsement of specific policies and positions.