120 signers calling on Dem. leadership to repeal the tax breaks for millionaires...

[Nevilledog]

Link to tweet

Tweet text:
Americans For Tax Fairness
@4TaxFairness
·
Feb 2, 2021
BREAKING: @SenWhitehouse, @LloydDoggettTX, @RepCohen + @rosadelauro just sent a letter with over 120 signers calling on Democratic leadership to repeal the tax breaks for millionaires Senate Republicans slipped into COVID relief last year.

Its repeal would generate $250 billion.
Image

Americans For Tax Fairness
@4TaxFairness
.@SpeakerPelosi has denounced this Millionaires Giveaway and included its repeal in both versions of the HEROES Act last year.

Republicans insisting on a lower price for a relief package would do well to heed her example and recoup those tax breaks in the upcoming bill.
5:47 PM · Feb 2, 2021

[bdamomma]

1. Go get em

finally.

[I_UndergroundPanther]

4. Go get them

And make them bleed taxpayer dollars back to taxpayers.

Enough is enough.

Fuck the rich and greedy and thier theft taken from all of us.

[montanacowboy]

2. YESSSSSSSSSSSSSSSSSSS

Take back the taxpayer's money and give it to the taxpayers!

NOT the non-taxpayers. It's OUR money.

[TwilightZone]

3. 44% of households don't pay federal income tax.

I presume that by "non-taxpayers" you meant rich people who don't pay taxes, but nearly half of low-income households don't pay federal tax, either. Any stimulus should certainly include them.

https://www.statista.com/statistics/242138/percentages-of-us-households-that-pay-no-income-tax-by-income-level/

[colsohlibgal]

5. Time To Get Back On Track

The Nation was deep in a recession when FDR took over in January 1933. The top tax bracket had been slashed to 25 or 24% and it didn’t take long for the need for breadlines to feed millions.

FDR brought us out of it by raising the top bracket from 25% to 63% and eventually as high as 94%.....ending the Depression. It ranged from 86 to 92% under Truman. Republicans were ecstatic when finally Republican Dwight Eisenhower took over thinking he would slash it. He left it alone much to the chagrin of other Republicans....and it was how he financed constructing our Freeway System.

From Johnson through Nixon, Ford, Jimmy Carter it stayed up there. Then Reagan took over. When he left the White House it was 28%. It has not gone over 39.60 % since.

Of course on top of cratering the top tax tier he also begat Fox News, OAN etc by axing the long standing Fairness Doctrine.

Ronnie is at the top of the heap in creating the economic inequality we see today and the serious political divide. He should have stuck with being a “B” Actor.

[crickets]

6. Yes! It needs to be done. K&R