Tax the Super Rich

Put it on the Ballot – Nov 2012

Finally there is a an  initiative that will help restore cuts by raising taxes only on those who can  most afford it.  The Millionaires Tax will:

• Develop a permanent revenue stream of $6.1 billion
  annually dedicated to restoring cuts to:
• Education – K  through 12, Community College, CSU and UC.
• Essential  services to children, seniors and the disabled
• Public safety
• Repair of  neglected roads and bridges
• Raise taxes on income above $1million an additional 3%,  and on income above $2 million an  additional 5% from the existing rate.  That means no additional taxes on your first $1 million of taxable  income and $30,000 on your second million.  Go to www.MillionairesTaxCA.com for all the details.

It is fair: We  have paid and paid – layoffs, foreclosures, tuition increases, benefit cuts and  the list goes on and on.  We didn’t cause  the crisis but we are sure paying for it.
It is about time the rich shared in the sacrifice.  Their income more than doubled in the 12
years leading up to the collapse while the rest of us went backwards.  In California – considering all state and  local taxes those with the lowest incomes pay a larger share of their income  then the top 1%.  [See chart]

We can do this:  A broad  coalition of unions, community organizations, and activists have been working  for months to develop this initiative.  It  polls above 62% after strong counter arguments. [See  www.MillionairesTaxCA.com]

It needs your support:  The  Millionaires tax initiative is an easily understood, popular step that millions  of Californians can embrace. It will raise desperately needed funds to stop  further cuts to education and social services.  It will help build the movement to curb economic inequality.  But it won’t become real unless you help.  Ask your community, religious and labor  organization to endorse and join the effort to get it on the ballot for
November 2012.

Stand with the 99%!  Endorse the Millionaires Tax for November 2012  

Roll Back the Cuts and Tuition Hikes

 Tax the Super Rich

 Most politicians have made it crystal clear. 

They want to solve the California deficit on our backs – cutting vital programs, raising tuition and/or increasing taxes that fall heaviest on those already hardest hit. 

We want a more equitable solution – where the richest among us are required to contribute their fair share. 

We are working on a 2012 ballot initiative to add a 10% tax on the top 1%.  It will generate $18 Billion, solve the deficit, fund schools and put California back to work

It is fair: it is about time the rich shared in the sacrifice.  The top 1%, 150,000 Californians, have a total income of $255 billion, that is more than three times the entire state budget for all 40,000,000 of us.  Yet they pay an effective tax rate less than everyone else.

If it isn’t fair then why is it fair to increase community college fees 38%, or cut child care contracts by 15%, or cut family grants by 8% or lay off so many of our teachers?

 We want fairness and we are willing to work for it

Help us put it on the Ballot – Nov 2012

8/16/2011

Our political leaders have made it crystal clear.

         They want to solve the California deficit on our backs – cutting vital programs and/or increasing taxes that fall heaviest on those already hardest hit.

         We want a more equitable solution – where the richest among us are required to contribute their fair share.

         We want a 2012 ballot initiative adding a 10% tax on the top 1%.  It will generate $18 Billion, solve the deficit and enable California to rebuild its schools and infrastructure.

          It is fair: it is about time the rich shared in the sacrifice.  Their income more than doubled in the 12 years leading up to the collapse while the rest of us went backward.
The extended Bush tax cuts gave California’s wealthiest  $14 billion and they pay a lower effective tax rate then the rest of us.

         If it isn’t fair then why is it fair to increase community college fees 38%, or cut child care contracts by 15%, or cut family grants by 8% or lay off so many of our teachers?

 If we want fairness it is up to us to make it happen
Working together We Can Put it on the 2012 Ballot