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2012 Responsible Wealth Tax Fairness Pledge
TAKE THE RESPONSIBLE WEALTH TAX FAIRNESS PLEDGE
"It's outrageous that our taxes have gone down and stayed down, given what's gone on in this country over the last decade."
Marnie and Stephen take the Pledge every year and donate their tax savings to UFE's tax work inclunding ending the Bush-era tax cuts, preserving a strong estate tax, raising the capital gains rate, supporting state-level tax fairness organizaing. Last year their savings were over $12,000.
Please join Marnie and Stephen and plow your tax savings back into tax fairness organizing efforts!
Put your money where your values are. Take the Responsible Wealth Tax Fairness Pledge today!
Calculate your tax savings from the Bush tax cuts below and redirect those savings to tax fairness organizing.
The country is not broke! Far from it. In fact, the top 1% of the country took in 90% of the income gains in 2010, so they're doing just fine. But lately the folks at the top have not been asked to pay their fair share in taxes. For example:
- We're taxing capital gains (where most of the richest taxpayers get their income!) and dividends at a top rate of 15% - well below the 35% top marginal rate on ordinary income.
- The top marginal tax rate (the rate we tax the last dollars earned by the highest inome taxpayers) has been cut from 91% in 1960 to 70%, to 50%, then down to 39.6% and finally to 35% in 2001 under George W. Bush, where it's been ever since.
Using Responsible Wealth's confidential Tax Fairness Calculator below, you can quickly find out how much you are saving from the low capital gains rate, and the low marginal rates. All you need is three numbers from your tax return (or your best estimate of those numbers, or last year's numbers). And with a few clicks, you can redirect yout tax savings to promote tax fairness.