Tax the Greedy Billionaires released an interested parties memo endorsed by more than 20 progressive groups calling on lawmakers to go beyond articulating the failures of the Trump administration and offer a real, forward-looking economic agenda to build an economy that actually empowers working families and breaks up extreme concentrations of wealth.
As the State of the Union approaches, Americans across the country are eager for leaders to tackle the growing affordability crisis. They’ll be watching to see if President Trump acknowledges the real culprit behind rising costs or continues to protect the billionaire class that bankrolled his campaign.
Today, Senator Bernie Sanders is in Los Angeles making a simple case: Billionaires can afford a one-time tax to safeguard California’s healthcare from collapse. Sanders’ speech comes as a group of tech billionaires announced a campaign to counter the California billionaire tax, using their immense wealth to push through ballot initiatives that confuse voters and potentially invalidate the billionaire tax initiative.