
We need to raise trillions of dollars by making the rich and corporations pay their fair share of taxes so we can protect Social Security, Medicare and Medicaid and invest in education, affordable childcare, decent housing, infrastructure, clean renewable energy and more.
One first step toward a fairer and more equitable tax code is a Millionaires Surtax. This relatively simple reform would add an additional 10% tax on top of the existing tax rates paid by the very wealthy. It would affect the richest 0.2%—families whose income exceeds $2 million a year.