Patriotic Millionaires

Proud “traitors to their class,” members of the Patriotic Millionaires are high-net worth Americans, business leaders, and investors who are united in their concern about the destabilizing concentration of wealth and power in America. The mission of The Patriotic Millionaires organization is to build a more stable, prosperous, and inclusive nation by promoting public policies based on the “first principles” of equal political representation, a guaranteed living wage for all working citizens, and a fair tax system.

Releases by this organization

Newswire article
Tuesday, October 13, 2020
Patriotic Millionaires Launch Virtual Roadshow "Tax the Rich. Save America" Featuring Over a Dozen Members of Congress
This Wednesday, October 14, The Patriotic Millionaires are launching the national Tax the Rich Roadshow, a series of engaging, informative virtual events featuring a lineup of over a dozen different members of Congress (with more to come). Each event will consist of a quick, engaging presentation...
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Newswire article
Wednesday, October 07, 2020
Patriotic Millionaires on Trump Halting Relief Negotiations: Americans Can't Wait Another Day
Yesterday, President Trump broke off negotiations on a fourth round of stimulus spending and publicly said that he no longer intends to work towards another Coronavirus stimulus package until after the election. Despite President Trump’s constant insistence that the economy is doing well, many...
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Newswire article
Monday, September 28, 2020
Patriotic Millionaires on Trump Tax Returns: The American People Should be Pissed Off
Yesterday, the New York Times released a bombshell report on President Trump's taxes, showing that he paid no federal income taxes for 10 of the last 15 years, and that in 2016 and 2017 he paid only $750 a year. While this level of tax evasion is certainly unusual, it's a symptom of a tax system...
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Newswire article
Friday, September 25, 2020
Patriotic Millionaires Launch "Knives Out" Campaign on SCOTUS Nomination
This morning, the Patriotic Millionaires officially launched a “Knives Out on SCOTUS” campaign focused on compelling Senate Democrats to “delay, disrupt, and discredit’ the corrupt confirmation process for Trump’s upcoming SCOTUS nominee and publicly brand the entire process as the illegitimate...
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Newswire article
Wednesday, September 16, 2020
Patriotic Millionaires Chair: New York Budget Cuts are Avoidable, Cuomo Just Needs to Tax the Rich
This morning, New York City Mayor Bill de Blasio announced that 495 members of his mayoral staff would take a weeklong, unpaid furlough in order to cut city government spending. New York City is facing a $9 billion budget gap, while New York state's budget deficit has grown to $14.5 billion as a...
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Newswire article
Wednesday, September 02, 2020
Coalition Calls on Senate to Unlock Charity Funds for Pandemic Relief
A coalition of nonprofit groups is calling on the Senate to enact a temporary emergency stimulus to unlock $200 billion in charitable funds to assist charities overwhelmed by the pandemic. They are asking the Senate to update the laws governing private foundations and donor-advised funds (DAFs) to...
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Newswire article
Thursday, July 30, 2020
Patriotic Millionaires Chair: We're All in Big Trouble Without Substantial Government Spending
This morning, the US Bureau of Economic Analysis released its report on second quarter 2020 US GDP, revealing a 32.9% annualized drop. In response to these appalling numbers, Morris Pearl, former managing director at Blackrock, Inc. and Chair of the Patriotic Millionaires, issued the following...
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Newswire article
Thursday, July 16, 2020
New York Millionaire Challenges Sen. Schumer on His Support for Eliminating SALT Deduction Cap
Earlier this week, Senate Minority Leader Chuck Schumer (D-NY) publicly advocated for the next round of coronavirus legislation to include eliminating the SALT deduction cap put in place by the 2017 Tax Cuts and Jobs Act. This cap is one of the few progressive parts of that piece of legislation,...
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Newswire article
Wednesday, July 15, 2020
Patriotic Millionaires Mark Tax Day 2020 With Call to Tax the Rich
Today, July 15th, is the deadline for individuals to submit their tax returns to the federal government, also known as Tax Day. To mark the occasion, Morris Pearl, former managing director at Blackrock, Inc., and Chair of the Patriotic Millionaires, issued the following statement: "Tax Day 2020 was...
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Newswire article
Tuesday, July 14, 2020
New Campaign to Increase Charitable Giving Launches in Response to COVID Crisis
The Crisis Charitable Commitment (CCC), a new national effort to encourage major foundations, donor-advised funds, and high net-worth individuals to increase their charitable giving in response to the coronavirus crisis, launched today. The CCC establishes a benchmark for the wealthiest individuals...
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