JPMorgan Chase chairman and CEO Jamie Dimon gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026.
Tax the Rich! We Intend to Confront the Billionaires Face-to-Face
Will powerful banks, corporations, and the ultrarich double down on authoritarianism and runaway inequality? Or will they recognize that America works best when it works for all of us not just the wealthy few?
At a time of great crisis for American democracy, when oligarchy, authoritarianism and billionaire corruption have run rampant, there are a few signs of hope.
Thousands of business leaders nationwide are signing the Business for Democracy Pledge, calling on our federal government to ensure free and fair elections and seating of newly-elected lawmakers without interference or violence.
Groups like the Center for Popular Democracy and May Day Strong are calling on businesses large and small to sign the pledge.
We will never agree with everything that banks and bankers say and do. But we’ll be in New York City on Thursday to demand that they do the right thing...
Renowned economist and educator Gabriel Zucman and his colleagues have issued a groundbreaking call for a worldwide minimum 2% wealth tax on billionaires to address pressing human needs and reduce extreme inequality and oligarchy.
Unions and organizing groups are pushing for state billionaire taxes in California, Illinois and New York, while working to elect members of Congress who will pass a federal law in the United States.
Now it’s time for corporations and billionaires to decide where they stand.
It’s not enough for the ultra-rich to merely fund charitable causes. That doesn't cut it when the political and economic systems they’ve created leave millions of Americans struggling to afford healthcare, put food on the table, and keep their families together.
It’s time for something new.
There’s a real opportunity for these powerful institutions to use their influence differently.
And growing public pressure, all across the country and all around the world, is making it harder for corporations and billionaires to remain on the sidelines.
Will they double down on authoritarianism and runaway inequality?
Or will they recognize that America works best when it works for all of us, when democracy functions fairly, when our voices are heard and counted, when our government builds prosperity for all rather than the fortunes for a few.
Tech billionaires like Elon Musk and hedge fund managers like Ken Griffin have made their positions clear, with hundreds of millions in campaign cash to Trump’s MAGA Republicans and attacks on efforts to fairly tax wealth in California and New York.
In New York City on Thursday, JP Morgan Chase and the Robin Hood Foundation are bringing nine billionaires, the head of public policy at Meta, and President Donald Trump’s handpicked Treasury Secretary Scott Bessent to their annual “investors conference” —and we will be there to confront them.
We will demand that JPMorganChase CEO Jamie Dimon and the billionaire fund managers associated with the Robin Hood Foundation stand for democracy and fairness.
These leaders should reject the path to more authoritarianism and more government corruption.
They should all sign the Business for Democracy pledge, and they should all agree to support fair and progressive tax policies to reduce extreme inequality and prevent oligarchy.
There’s reason to hope that they will.
Dimon has opposed Trump before, resigning from Trump’s business council after Charlottesville, closing Trump’s accounts after the January 6 coup attempt, and speaking out against Trump on tariffs and on the independence of the Federal Reserve.
And Robin Hood donors have supported poverty-fighting policies and organizations opposed by Trump and MAGA Republicans, demonstrating some understanding of solidarity and the common good.
We will never agree with everything that banks and bankers say and do. But we’ll be in New York City on Thursday to demand that they do the right thing—we call on all New Yorkers to join us.
We are at a crossroads
This country and this world are at a monumental crossroads. In a few short weeks, US voters will have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. Our Fall Campaign is underway, and we need your help. To power our newsroom through the rest of the year, we need to raise $125,000 by midnight on October 31. So if you share our vision, please contribute whatever you can to sustain our work. |
At a time of great crisis for American democracy, when oligarchy, authoritarianism and billionaire corruption have run rampant, there are a few signs of hope.
Thousands of business leaders nationwide are signing the Business for Democracy Pledge, calling on our federal government to ensure free and fair elections and seating of newly-elected lawmakers without interference or violence.
Groups like the Center for Popular Democracy and May Day Strong are calling on businesses large and small to sign the pledge.
We will never agree with everything that banks and bankers say and do. But we’ll be in New York City on Thursday to demand that they do the right thing...
Renowned economist and educator Gabriel Zucman and his colleagues have issued a groundbreaking call for a worldwide minimum 2% wealth tax on billionaires to address pressing human needs and reduce extreme inequality and oligarchy.
Unions and organizing groups are pushing for state billionaire taxes in California, Illinois and New York, while working to elect members of Congress who will pass a federal law in the United States.
Now it’s time for corporations and billionaires to decide where they stand.
It’s not enough for the ultra-rich to merely fund charitable causes. That doesn't cut it when the political and economic systems they’ve created leave millions of Americans struggling to afford healthcare, put food on the table, and keep their families together.
It’s time for something new.
There’s a real opportunity for these powerful institutions to use their influence differently.
And growing public pressure, all across the country and all around the world, is making it harder for corporations and billionaires to remain on the sidelines.
Will they double down on authoritarianism and runaway inequality?
Or will they recognize that America works best when it works for all of us, when democracy functions fairly, when our voices are heard and counted, when our government builds prosperity for all rather than the fortunes for a few.
Tech billionaires like Elon Musk and hedge fund managers like Ken Griffin have made their positions clear, with hundreds of millions in campaign cash to Trump’s MAGA Republicans and attacks on efforts to fairly tax wealth in California and New York.
In New York City on Thursday, JP Morgan Chase and the Robin Hood Foundation are bringing nine billionaires, the head of public policy at Meta, and President Donald Trump’s handpicked Treasury Secretary Scott Bessent to their annual “investors conference” —and we will be there to confront them.
We will demand that JPMorganChase CEO Jamie Dimon and the billionaire fund managers associated with the Robin Hood Foundation stand for democracy and fairness.
These leaders should reject the path to more authoritarianism and more government corruption.
They should all sign the Business for Democracy pledge, and they should all agree to support fair and progressive tax policies to reduce extreme inequality and prevent oligarchy.
There’s reason to hope that they will.
Dimon has opposed Trump before, resigning from Trump’s business council after Charlottesville, closing Trump’s accounts after the January 6 coup attempt, and speaking out against Trump on tariffs and on the independence of the Federal Reserve.
And Robin Hood donors have supported poverty-fighting policies and organizations opposed by Trump and MAGA Republicans, demonstrating some understanding of solidarity and the common good.
We will never agree with everything that banks and bankers say and do. But we’ll be in New York City on Thursday to demand that they do the right thing—we call on all New Yorkers to join us.
At a time of great crisis for American democracy, when oligarchy, authoritarianism and billionaire corruption have run rampant, there are a few signs of hope.
Thousands of business leaders nationwide are signing the Business for Democracy Pledge, calling on our federal government to ensure free and fair elections and seating of newly-elected lawmakers without interference or violence.
Groups like the Center for Popular Democracy and May Day Strong are calling on businesses large and small to sign the pledge.
We will never agree with everything that banks and bankers say and do. But we’ll be in New York City on Thursday to demand that they do the right thing...
Renowned economist and educator Gabriel Zucman and his colleagues have issued a groundbreaking call for a worldwide minimum 2% wealth tax on billionaires to address pressing human needs and reduce extreme inequality and oligarchy.
Unions and organizing groups are pushing for state billionaire taxes in California, Illinois and New York, while working to elect members of Congress who will pass a federal law in the United States.
Now it’s time for corporations and billionaires to decide where they stand.
It’s not enough for the ultra-rich to merely fund charitable causes. That doesn't cut it when the political and economic systems they’ve created leave millions of Americans struggling to afford healthcare, put food on the table, and keep their families together.
It’s time for something new.
There’s a real opportunity for these powerful institutions to use their influence differently.
And growing public pressure, all across the country and all around the world, is making it harder for corporations and billionaires to remain on the sidelines.
Will they double down on authoritarianism and runaway inequality?
Or will they recognize that America works best when it works for all of us, when democracy functions fairly, when our voices are heard and counted, when our government builds prosperity for all rather than the fortunes for a few.
Tech billionaires like Elon Musk and hedge fund managers like Ken Griffin have made their positions clear, with hundreds of millions in campaign cash to Trump’s MAGA Republicans and attacks on efforts to fairly tax wealth in California and New York.
In New York City on Thursday, JP Morgan Chase and the Robin Hood Foundation are bringing nine billionaires, the head of public policy at Meta, and President Donald Trump’s handpicked Treasury Secretary Scott Bessent to their annual “investors conference” —and we will be there to confront them.
We will demand that JPMorganChase CEO Jamie Dimon and the billionaire fund managers associated with the Robin Hood Foundation stand for democracy and fairness.
These leaders should reject the path to more authoritarianism and more government corruption.
They should all sign the Business for Democracy pledge, and they should all agree to support fair and progressive tax policies to reduce extreme inequality and prevent oligarchy.
There’s reason to hope that they will.
Dimon has opposed Trump before, resigning from Trump’s business council after Charlottesville, closing Trump’s accounts after the January 6 coup attempt, and speaking out against Trump on tariffs and on the independence of the Federal Reserve.
And Robin Hood donors have supported poverty-fighting policies and organizations opposed by Trump and MAGA Republicans, demonstrating some understanding of solidarity and the common good.
We will never agree with everything that banks and bankers say and do. But we’ll be in New York City on Thursday to demand that they do the right thing—we call on all New Yorkers to join us.