The Progressive

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A project of Common Dreams

For Immediate Release
Contact: Sam Quigley,,sam@patrioticmillionaires.org

In Ad Blitz, Patriotic Millionaire Abigail Disney Demands Ultra-Millionaires Tax in New York

"I'm part of the 1% and I'm asking NY to tax me more.”

NEW YORK

Today, the Patriotic Millionaires announced they would be targeting a group of holdout lawmakers with a new ad featuring Abigal Disney, granddaughter of Roy Disney, co-founder of the Walt Disney company, and grand-niece of Walt Disney. The ad demands an ultra-millionaires tax be included in the upcoming NY state budget, deadline April 1st. Morris Pearl, New York resident and Chair of the Patriotic Millionaires, issued the following statement:

"It is patently absurd for Governor Cuomo to insist there is no money for education when some of the richest people in the world live here in New York and are being undertaxed. A multi-millionaires tax and a state-level carried interest "fairness fee" would each raise billions of dollars in revenue. There is no reason that New York should cut funding for programs that millions of people rely on just to preserve the low tax rates of a few of the wealthiest residents of this state."

The ad buy, already featured in the Wall Street Journal, will consist of $25,000 in spending on promotion of the video and targeting to voters in Western Suffolk County and all of Nassau County on Long Island, Yonkers, Westchester, and the Hudson Valley. The ad directs viewers to contact their state legislators and to sign a petition supporting a letter from the Patriotic Millionaires in which they demand the state's budget deficit be closed through higher taxes on the wealthy, and is expected to drive tens of thousands of calls to legislators in key districts.

The Patriotic Millionaires is a group of high-net worth Americans who share a profound concern about the destabilizing level of inequality in America. Our work centers on the two things that matter most in a capitalist democracy: power and money. Our goal is to ensure that the country's political economy is structured to meet the needs of regular Americans, rather than just millionaires. We focus on three "first" principles: a highly progressive tax system, a livable minimum wage, and equal political representation for all citizens.

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