1/11
@4TaxFairness
BREAKING: 150 billionaire families have now poured a record-breaking $1.9 BILLION into the 2024 election.
That's $700 million more than 600+ billionaires spent on the 2020 election.
Billionaires shouldn't get to buy our elections.
End Citizens United. Tax billionaires.
2/11
@4TaxFairness
Nearly $600 million was spent in support of the two major presidential candidates, with 75% of billionaire contributions benefiting Trump.
Trump has promised to renew tax cuts for the wealthy and corporations.
Billionaires are $3 trillion richer since the first Trump tax cuts.
3/11
@4TaxFairness
Elon Musk alone has poured $133 million into the 2024 election.
Other billionaire families—including the Mellons, Adelsons, and Uihleins—have contributed hundreds of millions of dollars apiece.
This is a dangerous amount of money in politics.
4/11
@4TaxFairness
In fact, these billionaire families have spent just 0.07% of their wealth.
The median household is worth about $200k, making an equivalent political donation for them $140.
This means these billionaires have the political spending power of 13.5 million working families.
5/11
@4TaxFairness
And this is just the traceable money.
There is likely more billionaire money being pumped into dark money spending groups and PAC-to-PAC donations.
It's no secret that political spending is a huge way for billionaires to rig the system to their liking.
Enough is enough.
6/11
@4TaxFairness
It's time we end Citizens United and start taxing billionaires on their enormous, untaxed wealth gains.
Our democracy and the voices of working families depend on it.
Full report here:
Billionaire Clans Spend Nearly $2 BILLION On 2024 Elections - Americans For Tax Fairness
7/11
@TheeThomasB
America’s worst billionaire, @ElonMusk, is backing the fascist.
/search?q=#VoteBlue /search?q=#Election2024
8/11
@BidenWon16
Wonder how much of that was originally Rubles?
9/11
@MOJOCHEFJEFF
And this is the worst problem that we deal with in America: Dark money in politics and our elections. That 1.9 Billion is the money that can be tracked, this is not the grand total. They have no idea what the actual total is, but it could be twice that amount.
/search?q=#EndCitizensUnited
10/11
@dare_l
End billionaires buying politicians. Money is not speech. It is money and it is corrupting.
11/11
@HowMDCentrist
I have no trouble taxing the wealth of millionaires & billionaires. None. Taxing 2% of a billion dollars is $20M. That’ll never be missed by a billionaire, but we will all hear the howling about the injustice of it all.
We need campaign finance reform & to end Citizen’s United.
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