Dear Friend,

In these times of elections, climate chaos and COVID-19, independent news is more important than ever. You turn to Democracy Now! because you trust that when we're reporting on the pandemic or the uprisings against police brutality—or the climate crisis—our coverage is not brought to you by the fossil fuel, insurance or weapons industries or Big Pharma. We count on YOU to make our work possible. Today, a generous supporter will DOUBLE your new monthly donation to Democracy Now!, meaning your gift will go twice as far. This is a challenging time for us all, but if you're able to make a monthly donation and provide us with support we can rely on all year, please do so today. Stay safe, and thank you so much.
-Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

“Make Billionaires Pay Act” Would Tax Richest 0.001% to Fund Healthcare for Millions

HeadlineAug 07, 2020

The Labor Department reported Thursday that 1.2 million U.S. workers filed for state unemployment benefits last week, the lowest total since March, but still an extraordinary level by historical standards.

On Thursday, Senators Bernie Sanders, Ed Markey and Kirsten Gillibrand introduced the Make Billionaires Pay Act, a 60% tax on over $700 billion in windfall profits made this year by the top 0.001% of Americans. Senator Sanders wrote, “We can continue to allow the very rich to get much richer while everyone else gets poorer and poorer. Or we can tax the winnings a handful of billionaires made during the pandemic to improve the health and well-being of tens of millions of Americans.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top