If the richest tycoons on Wall Street get their way, you’ll face a significant tax hike this year so they can buy another tropical island. Sound fair?

Here’s the deal: An obscure provision called the “alternative minimum tax” is going to end up raising taxes for tens of millions of middle-class households—maybe even yours—unless Congress acts quickly.

Democrats want to cancel this tax increase for the middle class—and pay for the shortfall by closing a massive new loophole that’s allowing the richest investors on Wall Street to pay lower tax rates than you or I do.

I signed a petition urging Congress to close this tax loophole. Can you add your name to the petition at this link?

http://pol.moveon.org/loopholecalc/?r_by=11644-1574355-dpWFAd&rc=comment_paste

To see how much more you’ll pay, try the calculator.  My personal taxes will go up nearly $2000.00!

 

God Bless