Thursday, August 18, 2011

Tax Warren Buffett

Click here to sign your name:
"I stand with Warren Buffett. It's time for Congress to stop coddling the super-rich and make them pay their fair share."

Sign the Petition!
Dear MoveOn member,

Earlier this week, multi-billionaire investor Warren Buffett published a powerful op-ed in The New York Times with a simple message: Tax me!1

Buffett said openly what all of us have been thinking—Washington needs to "stop coddling the super-rich."

The op-ed is already making a huge splash, but we need to make sure Congress can't ignore it. So we're joining with Rebuild the Dream on this petition. We're aiming to get 200,000 people to go on record saying that they stand with Warren Buffett and want the richest Americans to pay their fair share.

If we can get 200,000 signers, we'll deliver the Buffett op-ed, along with your signature, to every member of Congress. 

Here's what the petition says: "I stand with Warren Buffett. It's time for Congress to stop coddling the super-rich and make them pay their fair share."

If you haven't already read it, here's an excerpt from Buffett's op-ed:

Our leaders have asked for "shared sacrifice." But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.

While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks. Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as "carried interest," thereby getting a bargain 15 percent tax rate. Others own stock index futures for 10 minutes and have 60 percent of their gain taxed at 15 percent, as if they'd been long-term investors.

These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species. It's nice to have friends in high places.

Pretty powerful stuff, right? Click below to add your name and stand with Warren Buffett:

Thanks for all you do.

  –Daniel, Tate, Peter, Elena, and the rest of the team
  1. "Stop Coddling the Super-Rich," The New York Times, August 14, 2011

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