News

New polling released today by Impact Research and Tax the Greedy Billionaires confirms that taxing billionaires is one of the most unifying and popular policies heading into the 2026 midterms. Roughly three-in-four likely voters in battleground congressional districts and in key states like Michigan and Ohio support raising taxes on billionaires.

The House passed sweeping tax cuts that benefit the ultra-wealthy, sending the bill to President Trump for signing. The bill will add $3.4 trillion to the national debt and stifle economic growth for years to come, while giving the top .01% richest Americans over $390,000 each.

In response to the Senate advancing sweeping tax cuts that benefit the ultra-wealthy, Tax the Greedy Billionaires Campaign Director Igor Volsky issued the following statement: “Once again, the Senate is doing what it does best—serving the ultra-rich while leaving working people behind. This bill isn’t tax reform—it’s a billionaire tax shelter, written by billionaires for billionaires.”

Today, in a new op-ed for “The Guardian,” Gabriel Zucman laid out how the Trump-Musk fight is more than a bad breakup — it’s the embodiment of how unprecedented wealth concentration has eroded our democracy and public institutions. Musk, the world’s richest man, has more power than any one person should have.