Action Alert: Tax the Rich

American billionaires are 33% richer than they were at the start of the pandemic, all while inequality has worsened and inflation has soared. Billionaires like Elon Musk and Jeff Bezos pay a “true tax rate" of just 3% or less while working people around the globe pay far more.

Enough is enough. It’s time for the ultra-rich to pay their fair share of taxes.

Just a modest tax of up to 5 percent on the world’s richest individuals could bring in $1.7 trillion in a year, enough to lift 2 billion people out of poverty. 

Sign your name and demand that President Biden, Congress, and world leaders address the inequality crisis globally and here at home by making multi-millionaires and billionaires pay their fair share of taxes.

Message to Members of Congress

The richest 1 percent globally have captured nearly two-thirds of all new wealth since 2020, almost twice as much money as the bottom 99 percent of the world’s population. Billionaire fortunes are increasing by $2.7 billion a day while crushing inflation outpaces the wages of 1.7 billion workers.

Decades of tax cuts for the richest and corporations have fueled inequality, with the poorest people in many countries paying higher tax rates than billionaires. Oxfam is demanding wide-ranging increases in taxation of the super-rich, and we call on President Biden, Congress, and world governments to tax the extraordinary wealth of multi-millionaires and billionaires.

Increased taxes on the wealthiest individuals could lift people out of poverty, address the climate crisis, fund childcare, and create well-paying jobs.

We urge you to join Oxfam’s global community and make the ultra-rich pay their fair share of taxes.
 

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Make the super-rich pay their fair share.

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