Corporations and the Wealthiest Need to Pay Their Fair Share

While the pandemic raged last year, 55 of the nation’s largest corporations paid no federal income tax on $40.5 billion in profits. America’s wealthiest 1 percent got $4 trillion richer, capturing 35 percent of the extra wealth while the poorest half of the population received only 4 percent.

Now is the time to say, not anymore!

We can turn the corner on the economic upheaval spawned by the COVID-19 pandemic—record unemployment and a dramatic rise in food and housing insecurity—while at the same time taking actions to help create good-paying jobs, rebuild communities, reduce our society’s persistent wealth gaps, and bring about greater tax fairness.