Demand Progress

Tax the ultra-wealthy! Make Elon Musk pay up.

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    Tax the ultra-wealthy! Make Elon Musk pay up.

    Petition to Congress:
    We urge you to end the 2017 Trump tax cuts, and pass legislation to raise taxes on the ultra-wealthy and corporations.

    Elon Musk says he “can’t wait” to serve in a potential Trump White House role to reduce "waste and needless regulation in government."1

    Billionaire union busting CEO Elon Musk as an official in the federal government?? The guy who is funding a right-wing super PAC with millions of dollars2 and already has massive defense contracts with the government via his company, SpaceX?

    Musk doesn’t belong in our government. He should have LESS power, not more. That’s why Congress needs to tax Elon Musk and the rest of the billionaires with too much influence in America.

    Sign the petition: End the 2017 Trump tax cuts for billionaires like Musk and giant corporations like SpaceX.

    Musk has billions in federal defense contracts, spreads dangerous posts on the social media company he owns, and is even trying to destroy the federal agency in charge of the labor protections in America, the National Labor Review Board, calling it “the very definition of tyranny.”3

    Musk has so much political power because of the outrageous wealth he’s acquired thanks to a broken American tax system that favors billionaires and their corporations, like Tesla and SpaceX.

    Congress can end the unlimited, runaway wealth of America’s billionaires (which stands at $5.2 trillion).4 Our lawmakers must take action to address economic inequality, the dangerous level of power held by the ultra-wealthy, and threats to our democracy.

    Add your name: Congress must end the 2107 Trump tax cuts and TAX billionaires like Elon Musk.

    Sources:

    1. Forbes, “Elon Musk Says He 'Can’t Wait' For Trump Administration Position: Here’s What They’ve Said About Working Together,” September 3, 2024.
    2. Wall Street Journal, “Inside Elon Musk’s Hands-On Push to Win 800,000 Voters for Trump,” August 12, 2024.
    3. Politico, “Musk’s SpaceX seeks to blow up federal labor enforcer,” January 4, 2024.
    4. Americans for Tax Fairness, “U.S. Billionaires Now Worth a Record $5.2 Trillion,” November 30, 2023.