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A big warm welcome to the here. Sswoman for being we will start with a 30minute overview of the federal tax code and then we will hear from the congresswoman. We will have a discussion. If you want to learn more about what we are doing, please visit erich. Com. Ch taxth and there you will find the tax code and easy to understand language. Unlike other universities we could mention, ours is free and useful. Morris, you are on mute. Sorry. Im a computer engineer by training. I have spent the last 10 years i have worked exposure. Ing risk one day at the top floor of a Bank Building in athens, i walked over by the window. I did not want everyone to see i was having a second a second chocolate pudding from the bath a dutch from the buffet. I looked behind me at the bankers of the table and i saw a protest and a riot. I wondered how we were helping anybody. A few months later i left threeyour career on wall street. Hello, everyone. My name is chuck connors. My great grandpa higher my great grandpa emigrated from germany. He used to say to bring home the bacon has a different meaning in our family. A fortune and gave it away. Why did i do that . I did not think it would be good to have a society where people had fortunes and others have nothing. Books,written a few including one with bill gates senior. I am really pleased to be here. Hello, everyone. Chuck talk ihear dont know whether to shake him or how can. I worked with other people for the first 20 years of my career. Myut the startup costs on credit card. Townld me that everyone in knew i was bankrupt. Later i got really lucky. And now we are in every mom and pop restaurant throughout the country. That ceos are four times more likely to be sociopaths them the general population. Rich people are generally just greedy pastors. I should know. Greedy bastards. Even the ones who inherited their money are convinced somehow they earned it. And they will keep every last dime of it. Every day millions of countries every day, millions of people go to work and every day they are getting screwed by the richest people in america. Patriotic millionaires first president her when obama and republicans in the senate were negotiating a deal to extend the bush tax cuts. It absolutely infuriated me, so i called a few millionaires and they got together and wrote a letter that basically said for the good of the country raise my taxes and that message was so shocking it blew up in the media. We have been working ever since to raise taxes. To be clear we are not a partisan group and taxes are not a partisan issue. Andmajority of democrats republicans and independents believe that billionaire should pay higher taxes. Areonly want to disagree the ones running the government. Could it have anything to do with the Campaign Contributions that millionaires and billionaires make to politicians . I dont know. The marginal tax rate for the incomes and world war ii was 94 . In the 1950s it was 91 . Rate is 21 . Ional the tax rate for the richest people in the country has gone one direction, down. Most tax negotiations take place behind closed doors. 2016 when the Republican Party took over the white house, the senate, and the house of representatives. They had so much power they did not have to compromise. In 2017 use that power to rewrite the tax code. Every single democrat voted code. T the new tax almost every republican voted for it. This was lucky because it gave us clarity on how one side of the isle thinks that the tax code should be structured. Be clear, some of that republicans have decided to take full responsibility. You may like some of it or hate all of it. That is for you to decide. Of who is in charge, americans deserve a fair tax code and we dont have one today. Last year, billionaires paid a lower tax rate than every other group in the country. How does that happen . Lets compare a regular person starts taxes to leverage us in to a rich persons taxes. Morris, youre still muted. Lets say to people worked fulltime. Together they made 100,000, just a of average. They are married and they will file taxes jointed. They will end up with 75,200 in taxable income. Chartsare going to see of the federal tax bracket that shows how much you pay at each level of income. Everyone gets the standard deduction, basically the amount the government says, you need that. You keep that. Progressive a federal income tax. After the standard eduction a married couple filing jointly will pay 12 until they maxed rates. The 37 everyone pays the same rate through the tax bracket. Out at 37 ,es wereer they make 622,000 millions. And inwith 75 house income, they have 10 of the first chunk for a total tax bill of 6,800. Youhen, your muted are muted. Sorry. We have two other things. Year. It around all one day ronald clicks a button and sells stock. Take the standard deduction and be left with 75,000. They made the same amount of so you would think that they would pay the same amount, wrong. They worked hard every year slumps sat on the beach sipping strawberry daiquiris. There end of the year 9,000 poorer and why . Republicanthe youakers believe that should be taxed differently you made yourow money. Most of the people on this call make ordinary income. You work. You make money, you get a paycheck and taxes come out of that paycheck. Other people make Capital Gains income. Stocky an asset like a and that is considered Capital Gains. As you can see Capital Gains ratee is taxed at a higher than ordinary income. They sold evenat more stock. They take the standard deduction and then they will pay zero tax on the first 80,000 and 15 for the rest of their taxable income for a total tax bill of around 40,000. They will take these standard eduction and pay Social Security and medicare. At the end of the year the total bill is around 82,000. Again, to families make the same amount of money and the cocktail sipping e traders will have 38,000 more than the working folks. If you work for a living you pay higher taxes, but thats not the best deal in the new federal tax code. The best deal is to inherit money like me. Erkhardtssay that the w got jobs again. Americans things theyve been 11 million. They pay Social Security, medicare, took the standard deduction and and up with just under 11 million. They maxed it out and the total tax bill for the year is about 4 million. Ising 11 million the year hardly a reason to say crimea river, but how those there tax bill compare . His great aunt died and left their entire fortune. Do not worry, they were not close. So how much will the slumps a on their own 11 million inheritance . Nothing. Taxesill not pay any because when republican lawmakers rewrote the tax code they exempted the first 11 million from every assay and 22 million for a couple. Once again, its the exact same earnt of pretax, but they their money in different ways. One couple by working and the other by waiting for someone to die. They end up 4 million richer. Away from have broken england several hundred years ago because we wanted to be a deep diveut take in our tax code and you will hear god save the king god save the queen playing. They clearly prefer an aristocracy. For 1oof . You buy taxes million. What if you bought the stock for 1 million, its worth 10 before yout the day sell it, when your heirs beingted, instead of it 1 million, the base is stepped up to 10 million. When your heirs sell the stock, they will only pay above the 10 million value. Lets talk about another rich persons gimmick. It benefits a certain wellknown Real Estate Developer. The new tax code allows investors to avoid Capital Gains when they sell a piece of property if they immediately invest in another property. Once a developer buys a building worth 3 million, holds it for 20 years. He will roll that into a new to Million Dollar building. High by 1 million and he will end up with these buildings were 60 million and still pays the taxes. When these loopholes Work Together they can acquire millions of dollars of property without paying a cent in taxes. Lets look at the same situation. The Real Estate Developer will hold onto these properties until they are worth 200 million. The state will pay some estate tax. If they sell it before it gains more value they will pay no taxes. Lets stop and think about that. On one side we have a wealthy heir who has never worked, who inherited hundreds of millions of dollars of operating and contributed nothing. Nothing to build our roads. Nothing to keep our water clean. On the other side we have those who go to work and do their part for the country every single day. Many of the richest people in america are not rich because they did something to earn it. They are rich because their parents did something to earn it. Theres nothing wrong with inheriting money, but there is no good reason that that system should be taxed differently. Lets turn to corporations. 2018 if you bought toothpicks from amazon you would pay more for your delivery. If you filled up your car once you paid more than chevron paid in federal taxes. How does this happen. How does this happen . There are a lot of ways. The main ones are the new. Ederal tax code lets say a company like starbucks. Lets eight starbucks has thousands of stores in the u. S. You would expect them to pay lots of taxes in the u. S. That would make sense. Thats not the way it works. Unlike land or buildings, intellectual property can be transferred to another country as quickly as you can click send on an email. Logo. Ill legally own the then starbucks will have to send that. They can make the world pay whatever they want. Using this and other tricks, 91 fortune 500 companies paid zero tax in 2018. Werkha we are with the their end of the bargain and corporations shirking responsibility. Bigompanies can also get a tax cut for all of the equipment that they own and other countries. No wonder we are losing so Many American jobs. Lovech people and ceos pretending that there is a reason that they do not pay taxes. Creators. Ob im a business guy. Im not a job creator. Ure we Start Companies we hire employees. People will have jobs making gift cards even if id i. They will come along and fulfill the demand. Ceohere were a lot of austrias pushing for a lower Corporate Tax rate. At t was one of the biggest cheerleaders for Corporate Tax cuts. Corporations that would hire more people if they were not burdened with higher taxes. Withts are calculated payroll. So this claim does not make sense on its face. Washat as it may, maybe he confused. I dont know. Dont think so from 2008 until 2015 at t had an effective Corporate Tax rate of around 8 . It was significantly low the standard rate of 35 . During this time, the company cut 80,000 jobs and with their low taxes and savings they bought back about 34 billion dollars worth of Company Stock increasing the net worth of the executives like stephen said. Went intonew tax cut effect, they have cut additional they paid 32year million. For those of you who are unfamiliar with stock ipaqs, that is when a company uses profits to buy its own stock, making the remaining stock more valuable. Create jobs, but it makes those who are aid in Stock Options lots of money. Ceos said they would use the tax code to hire more people. Instead they bought back stock. A year after the rewrite of the they reacheduts, an alltime high of over a trillion dollars. Billionairen owners like stephen do not create jobs. Stock buybacks do not create jobs. What about regular investors . We pay half the tax rate of people who work for a living. Lawmakers justify that by saying investors are job creators and insisting it their taxes are raised they will not address. Are they are they job creators . No. Apple employs thousands to make iphones. Im an investor. Ive hundreds of thousands of dollars in apple stock. People at apple have jobs because of the people who want to buy iphones not investors like me. None of the money i spent on apple stock went to apple. It went to other investors. To be clear, investors are not going anywhere regardless of the tax rate. The alternative to investing is sticking your money in a mattress. Any logical person would rather make something and pay taxes on it as opposed to nothing and not make any money. Lets put those investors aside and look at private equity. Private equity means actively investing in private companies. Therehe people who work managing the fund who have none of their own capital at stake have a special tax rate. Are they job creators, morris . Not even close. Over toysuity took r us. They love to say they saved the company. Did they . Had r us at its peak 97,000 employees. They were in good financial shape. By the time they were done with equitypany, the private job creators had shut down all 735 u. S. Stores, loaded is a once positive Balance Sheet with a billion dollars in debt. The investors made 100 74 Million Dollars, but destroyed a Viable Company and cost over 100,000 people their jobs and they paid half the tax rate on that money is people who work for a living. Code gives antax advantage to people who already have money or inherit money over people who work for a living, and as you get richer and richer there are even more ways to get out of paying your fair share. Is that about right . Yes. And the result is our country is more unequal than it has been in top 1 ownst the 40 of the country. The bottom half has seen no wealth growth that all. It is like some sick game of economic jango where we keep taking money from people at the bottom and giving it to people at the top and its destabilizing our country. People are taking to the streets. Our citizens cant take anymore. They are a sing a few ridiculously rich people get everything while millions are being treated like second or third class citizens. So even if you have the same income, you and every year worse off. In america today, death is from alcohol, suicide, drugs at the highest level ever. For the first time in our countrys history longevity is going down for segments of the population. With covid, things are getting worse. Businesses are going under. If you look at the stock market you would never know how bad things are. Over 200,000 people died. Our u. S. Billionaires made almost a trillion dollars in well. None of this just happened. Codemanipulated the tax and got outcomes that were fabulous for them and add for everybody else. Aese people want to live in country with a tiny number of extremely wealthy people, millions of poor people, and no middleclass. I dont understand why they want that, but you cant escape the result of their ideology. Attentione is paying we can have the tax code we want. If you want to know more, please visit taxtherich. Com. Thank you. We are so excited to speak with the congresswoman. You. s so good to be with i just got the tail end of the conversation, but i see real stars and champions. We have a lot of questions from the audience. The republicans are responsible. How are we going to fix this . Let me have a few opening comments. Policy details are so real and they have disastrous, life altering implications for far too many workers and families. As many of you have noted, the staggering income inequality we have today is where more than goesf new Wealth Creation 1 . He top thats not an accident. As you just finished saying, it is the result of deliberate policy. With regulatory schemes and tax loopholes. Like amazonhtens facebook a very recent Rand Corporation study found that 2. 5 million 2. 5 trillion has been redistributed from the bottom 90 to the wealthiest 1 each year. Thats 50 trillion in wealth transfer. Let that sink in. The situation we are in now, more than 27 million have lost their health care because of a very cruel system. Small businesses have shuttered to be a blackpen small business, you had a one in 10 chance of getting a ppp loan. And yet, i think i heard my friend chuck save this, the wealthiest billionaires are reaching a record high. We have to understand that trump is a system and a cause of economic inequality. Congresse fighting in to address some of the structural pieces that are with covid relief. Congress provided as part of the original stimulus surege is about making people can put food on their table and yet the republicans want to keep tax cuts that were and they wantct to take away those expanded Unemployment Benefits and you hear people say that means people will not come back to work. 600 dollars is so much of an incentive to stay home, how about we raise the minimum wage so thats not the issue when people are thinking about coming back to work. Thats a key part of this and in the covid relief package, the ppp program really led to the biggest as this is getting money when they did not need it, maybe even looking at the airlines program. It specifically said money had money, it limited what ceo us yes could take, no stock buybacks. A lot of those airlines are suffering because they took money out for the wealthiest in the last few years. This is a lot of work we have to do. With any program, we have to test that program with whether or not it is increasing income disparity. Wealth disparity. What are the requirements for that money to be utilized well . Trump paidissue, only 750 in federal income taxes. Thats a hell of a lot less than what immigrants contribute, ofdreds of aliens of dollars taxes every year. Isneed to be clear about who powering this country and who is praying on this country. They paid far more than trump that they continue to be treated as expendable. , think at the end of the day everything we do has to be about the consequences of tax policy and its structural policy that encourages a me First Society rather than a we First Society. Solving income equality and correcting our epidemic of corporate greed is going to. Equire an entire movement it will ensure that we finally profit. But people over at the end of the day, government has to be the great equalizer of opportunity and we have to take on this question of what i call individual supremacy. The individual supremacy manifests itself in a broken tax ism, so muchimby hate. It is our collective failure to act on Climate Change and climate justice. Its the powerful done lobby that believes open owning a weapon of war is the right of the community to be safe and it shows up anytime we forget how to the plea interconnected we all are and the simple idea that we are all better off when were all better off. Hopefully we will have a democratic administration, hopefully with a democratic senate, hopefully with a more democratic house. Sure policies are targeted to ensure that working money,get not only the. Ut the power back representative, how do we keep them accountable . Will have to it they had different taxes. Is, he the end result states out the money. The federal government will not ship been. And no one pays taxes. Is a circular hot potato. To a very technical term. To change ourears state income taxes. We tried very hard. I think theres an opportunity. The thing we have to do is we have to help americans understand that when they feel they are paying too much in tax, its because they are. They are, and they are because the wealthiest are not paying their fair share. And that is what we have to talk about. This is where electing more bold progressives is very important. I am not saying that amazon is bad. Want more amazons to drive and for this to not be the practice of our nation. So probably 40 to 60 of my constituents work for one of these big companies, and yet, i got more votes than anyone. And there are studies that have shown members of congress are far more conservative than their district. We need people who will be bold and will lead on these issues, even though there is so much money in politics and we have to get money out of politics. Hr one, elizabeth warrens anticorruption act, these things will allow us to return government to the voice of the people. Great that we need to also improve enforcement . Changing the law does not help the people who just dont want to pay their taxes and think they will get away with it. 5 trillion of rich people that should have been taxed are not going to come in and the next decade, so we have a big problem. Rep. Jayapal this is one of the outrageous things that republicans and democrats have the is the disinvestment in system that has allowed us to enforce. With the irs, the republicans have been brilliant at defunding the irs and not providing enough toources for the irs actually enforce the law or actively not making it a priority. Both things have been true. You see that with antitrust. Its a little different but a 16g just gone through month investigation in House Judiciary Committee in the house with the four largest tech platforms, what you have seen is both of the courts have interpreted law narrowly, so Congress Needs to step in and assert its authority. But also the enforcement agencies have not had the resources to do what they need to do against the giant resources of the four wealthiest men in our country. Issues we need to think about as reinvesting in government again and thinking about government as the great equalizer of opportunity. Enforcement requires resources and it requires a commitment to enforce, both of those things. Cracks let me ask another question we hear a lot of and a lot ofng you members of the Patriotic Millionaires should just write a check to the irs instead of making every other millionaire make pay their fair share. Why dont you just write a check to the irs . Yes. If it was just my taxes, i could write a check to the irs and that would be fine. Its not just that. I want equality in the nation. I want the millions of people who are employed to feel like they are part of america. We could not run a country club and say send and what you want. Some people wouldnt send anything. People would resent the fact that they are paying and people are not. You cannot run a country club that way, you cant run a country that way with everyone just feel doing what they feel like they are doing. We all have to agree through our democratic process and elective representatives of how much we are going to pay for the tax curtain for the country. Heres another question how do i can how do i explain to my conservative leaning family that helping more low income folks having more money is better for the economy than tax cuts for rich people. Rep. Jayapal i saw that question and i was going to ask you to ask me that question because it is such a good one. We have to bust the myth. I would actually start by saying did you know say in washington state, for example, the company that has the third highest number of employees on statebased medicaid assistance have some thoughts about that . Amazon. We have to point out the subsidies we are giving to the wealthiest individuals and point out that hurts all of us. In many, many ways, we are taking many from working families and giving it to the wealthiest. And the next part can be if we were to invest in people, low income folks, people that have real challenges in their lives, that is like investing in your kids education. Your kids money into education, its because you know in 12 years, 16 years, 18 years, whatever number you want to use, that kid is going to have a better shot at being selfsufficient down the road and guess what that means . They are not going to depend on you, mom and dad, for their income down the road. Thats one of the ways we have to bring it back to you do this all the time, why do you buy a house . You buy a house because it is an investment in the future. Thats the same thing. If we help folks who are struggling at the bottom get to a place where they can be sustainable, then that is good for all of us. Separate from just the pure value of being the right thing to do. I use both approaches depending who im talking to because i find people dont think about how much we are subsidizing the wealthiest people with our taxes. When they find that out, they are like wait a second, why am i paying when amazon should be paying a higher rate . Im not picking on amazon but X Corporation should be paying a higher rate or the wealthiest individuals should be paying more. The secretary is paying x percent of their taxes and the wealthiest person is paying far less . That doesnt make any sense. I thought stephen did a nice job if you give a tax break to a wealthy person, that can go anywhere on the planet, stock buybacks, speculative consumption. If you put money in the pockets of working people, it stimulates the economy and creates aggregate demand. I think its an important argument to keep making and i should just say representative jayapal has been one of the most effective leaders on this before she was in congress, before she was in the senate in washington state, she has been a champion on this, so we are fortunate to have you in the role you are. Rep. Jayapal that reminded me, we wereld just say when fighting for the 15 minimum wage, that argument was key. People would say you raise the minimum wage, its going to hurt is this is and employment and we have to bring people back to the idea that a company is not successful in and of itself. Theres no entity called the company that exists separate from the worker. When you increase the minimum wage for workers, it means they put that money back into the economy right away. Because they are not putting it into some savings account. They are trying to figure out how to make a daily living on that minimum wage. When they spend that money in the economy on their local communities, businesses in that community to better. When they do better, they hire more workers and a cycle continues. Tots an important point point out what it is that creates a cycle and at the end of the day, its the workers that power that cycle of business success. Another one. Representative jayapal, have you thought about what taxing the rich would mean for charitable having and the constituents who receive services from nonprofits . We have seen a large portion of total charitable donations come from wealthy donors. There is a concern Charitable Giving will see a decline. Rep. Jayapal i ran a nonprofit for 12 years. I started and founded the largest immigrant Advocacy Association in our state and i understand how important Charitable Giving is. However, i dont think it should be a substitute for a fair tax system. If you had a fair tax system, is very world we can imagine fewer nonprofits or nonprofits that have less work to do because people were actually getting what they needed through the actual system of education, health care, etc. . Man. A bit of a straw i understand the concern because i had to raise money and those Charitable Giving opportunities are important and i think we should have good incentives for people to give money to charitable causes. But i dont think its a substitute. And i dont personally want to give the power to make decisions about what our Education System should look like or what our safety net system should look like two people who are unelected. They are wonderful people, good people, they are smart and have made a lot of money, but should they be making the decisions about what Public Schools should what social services should look like . I dont think so. I think we need the government to reassert its authority, tax people fairly, and encourage and celebrate the contributions of those who choose to give. Representative jayapal and i used to know bill gates senior quite well. He said isnt it strange my son can give 100 billion to this foundation will never pay taxes on that . Dont we want as representative jayapal said philanthropy is a noble endeavor, but is not a replacement for an adequately funded Public Sector and tax system. We should start to be concerned about how much influence and power is going into these billionaire foundations. The wealthy give to their own private foundations and a lot of that money is warehoused. I think representative jayapal said it perfectly lets celebrate it come but its not a substitute for a fair tax system. Cracks there are a lot of people who want to have their name on the building at lincoln center. There are substantially fewer people who want to have their name on a Sewage Treatment plant on 125th street. Stephen, im going to kick this win to you. Why arent more of these tax concerns revealed to the public in a more vehement matter . I find living down here in the south is all the real issues in america, the real issues are being covered up by a big smokescreen that the republicans throw out there. Like lock her up, build that wall, all the things the right continues to throw up when really and truly every problem, and maybe its oversimplifying a little bit, but the vast majority of the problems in america is hidden in the tax code. At the right does as they continue to grow their followers with this red herring saying look at this over here, this is what the democrats want to do to you. Theseat they know is people get fired up about these nonsensical and often unimportant issues. These people at the end of the day will do what the wealthy contributors want and that is support them in lower taxes for the wealthy. How do we break through to that constituency . I dont know. I tried down here in south georgia and its a thick wall of smoke. Thats what we have to try to figure out how to do. Cracks you should move to seattle, stephen. Its much better. We need stephen in the south. We need allies all over the country doing this work. Cracks a question from donna. In this existential election moment where our democratic republic is at stake, ive heard no explanation of the 2017 laws in favor of the rich comparing has castigatedmp immigrants who paid more taxes than president trump. Why arent we telling people these facts . We. Jayapal i dont think are not telling these people these facts. The reality is weve got a hurricane of the worst sort in the white house. Have a xenophobic, racist, constitution destroying president. Every day, even when that the initial thing about taxes came out, we had a couple of days of great focus on that in the media and how donald trump was paying no taxes, but then there was a crisis two days later and that shifted the conversation. Joking sayingwas we need stephen to stay in the south. Its why the Grassroots Movement to educate people is so important because the National Attention is so diverted all the time and we are dealing with a lot of myths out there. If you look at my twitter account and follow me, i certainly raise those things all the time. But its not enough to do that. You have to have a sustained Communications Campaign and grassroots organizing effort in communities across the country. Cracks i want to catch up on this and remind people to go to tax the rich. Com to sign up. People are so confused by the bothode and taxes are confusing and boring until you understand them. Do with thed to presentation today is layout at the most basic level, if you are a normal person who goes to work and pay your taxes, you are getting completely screwed. You are doing your part and you dont have any of these tricks you can do. You are putting in your bit every day and everybody, majority of democrats, majority of republicans, majority of independents believe millionaires should pay higher taxes. We need to push that into the conversation, regardless of what party we are talking about. Here is another question. People often ask us about a flat tax. Why dont we want to have a flat tax . It seems easy, everyone can pay the same. Maurice do you want to take that one . Cracks that would mean people at the lowend end of the income spectrum, increasing their taxes a lot and they dont have any more money to pay and that means decreasing taxes for people like me. That would be the opposite of what we are trying to do. People with higher income should have higher tax rates in people with lower income. That would make inequality much worse. Cracks is there is a big difference between the highest marginal tax rate in world war ii and the 37 we have today. Anybody want to throw out some thoughts on what some additional brackets could be and what levels of income they could weigh in at . You go back and look, it all started in 1973. Up until 1973, the tax rate was effectively at that 91 level we talked about earlier. Got the taxon decrease started and it has gone in that direction totally since then. The public just does not understand, we wealthy people just snuck up on them and completely changed the tax structure so it all weighed in our favor. The thing im so concerned about, i have a fouryearold grandchild. Thats it going to be like when she is my age if we dont fix this and we have to fix it soon because its reaching a point of no return if we are not careful. Had the of our slides men who started home depot. He made the money who that paid for they langone hospital and he paid eight tax rate of 70 and that did not dissuade him from starting a huge business. Cracks you said earlier you said pay the same rate on 600,000 dollars or 2 million. Right is a billionaire pay at the same rate as someone with 50 million . We should be having steps that go up. Same with the inheritance tax, the estate tax, there should be steps that go to slow the concentration of power at the very top. Its not about raising revenue, its about protecting our democracy. Rep. Jayapal i would just add to that to say i just dont think people fully understand how stacked the system is to keep wealth in the hands of very few. If you are wealthy, what you can do to pass on that wealth, how you can keep it in your family, and so i think all of you have talked about this in different ways, its income inequality and wealth inequality. Essential to any notion that we are going to have a fair future for our kids and grandkids. That is why increasingly, everything is defined by what family you are born into and what zip code you happen to live in. Inis all deeply intertwined terms of Education Systems, housing opportunities, criminal justice i just did a criminal Justice Reform roundtable with some of the top experts in my i share stephens itswith how quickly not quick and the grand scheme of things, but when you think about a few decades where we have seen so much transfer of wealth and how difficult it will be to undo this because of money in politics, because of all of the myths that are out there, but how essential it is because this continued concentration democracyont have a if we go much further than this. We have about a minute left. Would you like to close this up . Thank you for being here. Rep. Jayapal thank you so much to the Patriotic Millionaires. It does help when people who have made a lot of money come out and say take the word for me, that on a very basic level matters to have those voices. What also matters is the work you are doing to simplify these concepts. We get too wonky about them. It needs to be language regular people can understand. What does it mean for my pocketbook . What is it going to mean for my future and my kids . What is it going to mean for my community . That is what Patriotic Millionaires has been doing is simplifying but also helping us to organize stop if we are going to win this fight, it is going to have to be an organizing movement. Its going to have to be wealthy, middle class, and will and working folks demanding of their representatives older transformational policies and having their backs when they do it because people are always concerned about that. That is the important work we have to do and im grateful for you all for doing it and very grateful to my friend Chuck Collins who has been working on this for such a long time and doing such tremendous work and morris and stephen, to both of you as well. Thank you for having me and im looking forward to transforming our system together. Thank you so much. Tax the rich. Com. Thank you so much. President trump is in arizona today, a state he won in 2016 for a Campaign Rally in tucson. Watch live this evening at 6 00 eastern on cspan. Tonight on the communicators, republican fcc commissioner brandon carr talks about 5g infrastructure, free speech on the internet, and regulation of big tech companies. We should bring a light touch approach to regulating big tech, but up until now theres been a no touch approach. Weve never had a gap between the size, scale and power of an institution like big tech in the absence or near absence of regulation. Watch the communicators with brandon carr tonight at 8 00 eastern on cspan2. Democrats need to enforce senate seats currently in republican hands to take control of the next senate. In new hampshire, Jeanne Shaheen and challengeui

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