Tuesday, June 16, 2026

re: Elon

We need a wealth tax NOW
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Warren for Senate

Faith,

Just a few days ago, Elon Musk became the world’s first trillionaire.

Think about that.

We're living at a time when more and more people are just hanging on by their fingernails to survive in this economy.

And Elon Musk has more money and more wealth than anyone in human history.

I want to be clear: This is not just some fluke. It is a feature of a rigged economy.

Donald Trump's "Big, Beautiful Bill" cut healthcare for millions of Americans to give guys like Elon bigger tax breaks.

The tax code rewards CEOs for firing workers and replacing them with AI.

Loopholes have allowed Jeff Bezos to pay an effective tax rate lower than a Boston public school teacher.

And we are left with a country, or a handful of billionaires at the top, popping champagne on their $300 million yacht, while working people take on even more shifts to try to pay off their student loan debt. The top 1% of U.S. earners now have more wealth than the entire middle class.

We need to overhaul our tax code. We need a wealth tax, and it's about time that corporations paid their fair share.

Elon’s status as the first trillionaire should be a wake-up call that enough is enough. It is time to unrig the economy. And that starts with the ultra-wealthy paying their fair share.

With my two-cent wealth tax on ultra-millionaires, billionaires, and now trillionaires we could make the American Dream a reality.

We could expand child care, lower housing costs, cut child poverty, strengthen Medicare, provide paid family leave, and make college more affordable — all by simply asking the ultra-wealthy to finally pay their fair share.

Elon Musk and the rest of the ultra-wealthy have armies of lobbyists and a system rigged to their advantage. What we have is numbers. A grassroots movement — including you, Faith — of people who are ready for change NOW.

Add your name today if you agree that no one should be able to accumulate that much wealth while millions of Americans struggle to afford housing, health care, and child care. It's time to unrig the economy.

ADD YOUR NAME

Thanks for being part of this,

Elizabeth

 
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