To: President Donald Trump, The United States House of Representatives, and The United States Senate

The 1% Should Pay Their Fair Share in Taxes

It's time for higher taxes on the super-rich to pay for what America needs.

Why is this important?

It's tax time again, when our minds turn toward paying the taxes we owe, or possibly getting a refund. But what we don't think of enough is whether our tax system is fair.

The richest 1% of Americans are now getting the largest percentage of total national income in almost a century. But many millionaires pay a lower federal tax rate than many middle class Americans. Some don't pay any federal taxes at all.

That's because of deductions for things like mortgages on large homes, business entertainment, and gold-plated health care plans. It's because of tax loopholes like offshore tax havens and capital gains loopholes. The situation is even more lopsided with the Social Security tax, which doesn't apply to income greater than $117,000. You can see why Warren Buffett pays a lower tax rate than his secretary.

And Republicans want to lower taxes for the wealthy even more! When the rich pay low taxes, everyone else has to foot the bill--or important programs and services get cut. It's time to change that.

Reasons for signing

  • This should be a no brainier. They have so much it's sickening while others go hungry and homeless. There is no excuse for this. They've already admitted that they aren't going to pass down their new huge tax savings to their employees so I say absolutely they should pay their fair share.
  • Lower taxes for the middle class, higher taxes for the richest 1%
  • The wealthy are destroying our country and infrastructure by not paying taxes based on their net worth. Do not cut entitlements. Are we going to have to have another revolution to make them pay? Our middle classes and poor are needlessly suffering because of the rich.