@4taxfairness.bsky.social
We’ve been fighting for ten years to build an economy that works for all of us by making the wealthy and corporations pay their fair share in taxes. Follow us on all socials to boost tax fairness ➡️ @4taxfairness
The average salary in America is $66,622.
Apparently, you now need a minimum $111,252 to afford the median home.
This is what I'm talking about when I say the economy has been turned completely upside down by trickle-down economics.
It's unsustainable. Tax the rich.
I'm sorry, but there is physically no way for Elon Musk to make better use of $839 billion than if we had a wealth tax that could end homelessness, make childcare affordable, expand healthcare, and put money in people's pockets.
Any other argument at this point is delusional.
The ballroom is projected to cost $400 million, which is twice the original estimate.
As Trump pushes more tax cuts for the rich and a new ballroom to service the super wealthy paid for by slashing our healthcare, we can’t help but remember this 1906 piece by William Balfour Ker: “From the Depths”
Look at this.
There is not one good argument you can make against taxing billionaires.
The difference between $839 billion and $792 billion is meaningless to Elon Musk.
But the revenue we get back could be the difference between millions of people having or losing healthcare.
A record 20 billionaires now have over $100 BILLION in wealth each.
"Trickle-down economics" was a cute experiment and all, but I think everyone can agree it's time to call it.
No more billionaire tax breaks, no corporate catering, no preference or deference.
Tax the rich.
Elon Musk is now 3x richer than the second richest person on the planet.
He's *this close* to becoming a trillionaire.
Tesla paid $0 in federal income taxes last year.
And he himself got a massive tax break from Trump last summer.
This is out of control.
Tax the rich.
If trickle-down economics worked at all, the world gaining 400 billionaires last year would have set off an economic boom, given everyone raises, and lowered our prices.
But it didn't.
Because trickle-down economics is a scam designed to make the rich richer off the rest of us.
BREAKING: The world's billionaires now hold over $20 TRILLION of wealth.
That's up $4 trillion over just the last year.
"Never before have billionaires so thoroughly dominated the world, driving politics, policies, equity markets and AI hysteria." —Forbes
Check this out.
The blue bars are a plan for the Child Tax Credit that would actually help people—like, a lot.
The yellow bars are the measly crumbs they gave you when they handed billionaires and CEOs trillions in tax breaks.
Wake up and demand better, folks. Seriously.
The same guys that harp on about "government spending" suddenly don't care that Kristi Noem blew $220 million on an ad and Pete Hegseth spent $93 billion in a month.
Turns out those "government spending" guys were just shilling for billionaires against working people.
Who knew!
What the hell, sure.
We're blowing up our deficit to hand tax breaks to the billionaires who are already doing well.
But let's go after the regular people who are struggling to stay afloat in an economy that makes it impossible to buy a house or get healthcare.
Great plan.
Kristi Noem spent $220 MILLION on a 60-second ad.
Pete Hegseth spent $93 BILLION in one month.
Trump just gave four Big Tech companies a $51 BILLION tax break.
And you’re worried about a single mom getting a few bucks from SNAP to feed her kids?
Wake up, people.
Share of election spending by billionaires before Citizens United: 0.3%
Share of election spending by billionaires in 2024: 19%
It is not a coincidence that we're about to get our first trillionaire while working people struggle to afford rent, groceries, and healthcare.
Never trust anyone who would rather cut Social Security than make millionaires and billionaires pay into the program all year long like the rest of us do.
Protect and expand Social Security. Scrap the cap.
Social Security will start hitting budget shortfalls in 2031.
But we don't need to cut Social Security benefits.
We need to scrap the cap on contributions for millionaires and tax the damn rich.
And we need to do it now.
FYI, budget shortfalls for Social Security begin in 2031. We need Congress to get on this stat.
This is your reminder that after you make $184,500, you stop paying into Social Security.
Millionaires hit that cap today.
We are constantly told there's "not enough" money for Social Security.
But we let America's richest people stop paying into it in March.
Scrap the cap.
NEW: 300 billionaire families spent over $3 BILLION influencing the 2024 elections.
That’s 19% of all political donations that cycle.
Just in case you wondered why it seemed like the media, the economy, the tax code, and the entire system was rigged for the rich.
Millionaires stopped paying into Social Security for the rest of 2026 today.
Billionaires stopped paying in on January 1st.
You're going to pay in for 298 more days.
This makes zero sense. The wealthy should pay in all year like the rest of us.
Scrap the cap.
The same corporations who claim they "can't afford" to pay more than 10% in federal income taxes, lower costs, or give workers raises spent about $8 million apiece on Super Bowl ads last month.
Really makes you think.
The IRS says Meta owes $16 billion in back taxes and penalties.
Meta is suing to keep from paying.
But if the IRS wins, other companies could be on the hook for $700 BILLION.
Now, I've got my money on Trump putting an end to the suit.
But wouldn't it be nice if he didn't?
TL;DR, no.
Because corporations are getting the refunds, and trickle-down isn't real.
Alright, I've had enough.
We're living paycheck-to-paycheck. Groceries, housing, and healthcare are getting more expensive.
The economy lost 92k jobs last month.
When are we going to wake up and realize that trickle-down economics has ruined everything?
Tax the damn rich.
