Frank Clement

Thursday, 04 November 2021

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MARIAN WRIGHT EDELMAN: A Chance to Close the Gulf

The Washington Informer 04 Nov 2021

As Americans for Tax Fairness Executive Director Frank Clemente put it, “From Maine to Arizona, Washington State to Florida, America’s billionaires have enjoyed a bonanza of growing riches during the past 19 months of shutdowns, job losses, overcrowded ERs and lost hope ... Every American family should have a decent safety net ... ....

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The Plan for a Global System of Slavery

Mercola 02 Nov 2021

As noted by Frank Clemente, executive director of Americans for Tax Fairness, "Never before has America seen such an accumulation of wealth in so few hands."10 A December 14, 2020, article11 in The Defender reviews who has benefited from pandemic measures the most, from the ...

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How super-wealthy Americans fare under Biden’s new tax plan

The Norman Transcript 01 Nov 2021

If you’re wondering how President Joe Biden’s tax framework would affect rich Americans, here’s a rough scorecard. Winning. The vast majority of the top 1%, who might even get a tax cut. Losing ... Breathing a sigh of relief ... “This is going to be a key test for candidates,” said Frank Clemente, executive director of Americans for Tax Fairness ... .

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How super-rich Americans fare under Biden’s new tax plan

Live Mint 30 Oct 2021

If you’re wondering how President Joe Biden’s tax framework would affect rich Americans, here’s a rough scorecard. Winning. The vast majority of the top 1%, who might even get a tax cut. MORE FROM THIS SECTIONSee All ... Losing ... “This is going to be a key test for candidates," said Frank Clemente, executive director of Americans for Tax Fairness ... .

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Ron Wyden's new billionaire income tax plan applauded as a step toward justice

Alternet 28 Oct 2021

"Justice and just plain common sense demand that billionaires pay something closer to their fair share of taxes. The Billionaires Income Tax will see that they do," said Americans for Tax Fairness executive director Frank Clemente in a statement ... "The Billionaires Income Tax will begin to tax income from wealth like income from work," said Clemente ... .

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Billionaires' wealth has soared 70% in the pandemic. That's one reason why Democrats wanted to ...

News-Press Now 28 Oct 2021

They abandoned the proposal after facing resistance from several moderate party members ... Billionaires' wealth gains over the past 19 months alone would be enough to pay for President Joe Biden's proposal to bolster the nation's social safety net, said Frank Clemente, executive director of Americans for Tax Fairness ... Taxing billionaires ... Oregon Sen ... .

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EXPLAINER: What's a 'wealth tax' and how would it work?

The Star Democrat 28 Oct 2021

To help pay for his big economic and social agenda, President Joe Biden is looking to go where the big money is. billionaires ... HOW WOULD IT WORK? ... “Right now, billionaires are not paying a dime in taxes on their fabulous income gains from their stock holdings during the pandemic,” said Frank Clemente, executive director of Americans for Tax Fairness ... .

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Here are the Connecticut billionaires who may have to pay up under a proposed new ...

Hartford Courant 27 Oct 2021

The tax — which could raise as much as $250 billion — is an alternative to a previous strategy to raise taxes on corporations and the wealthy ... “Right now, billionaires are not paying a dime in taxes on their fabulous income gains from their stock holdings during the pandemic,” said Frank Clemente, executive director of Americans for Tax Fairness ... .

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Donald Trump bashes Democrats' new billionaire tax and suggests he might flee the US, but ...

Business Insider 27 Oct 2021

Trump ... This comes after House Finance Chair Richard Neal said the proposal is off the table ... Sen ... If the proposal came to fruition, it would be a "a major structural reform to the tax system" to tax income from wealth like income from wages, according to Frank Clemente, executive director at the left-leaning advocacy group Americans for Tax Fairness.

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Democrats Urged to Seize ‘Historic Chance’ on Billionaire Wealth Tax

Scheerpost 27 Oct 2021

For his part, Tesla and SpaceX CEO Elon Musk is not a fan of the Democrats’ proposed tax measure. By Julia Conley / Common Dreams ... Wyden’s proposal represents “a change in the way to think about the tax system, but it’s a long overdue change,” Frank Clemente, executive director of AFT, toldThe Hill Tuesday. Sen ... Sen.

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Why is President Joe Biden talking about taxing billionaires’ assets, and how would that work?

Chicago Sun-Times 27 Oct 2021

President Joe Biden in Kearny, N.J., to promote his “Build Back Better” agenda. Evan Vucci / AP ... billionaires ... This might be from the stock market ... “Right now, billionaires are not paying a dime in taxes on their fabulous income gains from their stock holdings during the pandemic,” said Frank Clemente, executive director of Americans for Tax Fairness.

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What’s a ‘wealth tax’ and how would it work?

Tampa Bay Times 27 Oct 2021

To help pay for his big economic and social agenda, President Joe Biden is looking to go where the big money is. billionaires ... Ron Wyden, D-Ore ... “Right now, billionaires are not paying a dime in taxes on their fabulous income gains from their stock holdings during the pandemic,” said Frank Clemente, executive director of Americans for Tax Fairness.

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What is a ‘wealth tax’ and will it affect you?

Republican American 27 Oct 2021

To help pay for his big economic and social agenda, President Joe Biden is looking to go where the big money is. billionaires ... “Right now, billionaires are not paying a dime in taxes on their fabulous income gains from their stock holdings during the pandemic,” said Frank Clemente, executive director of Americans for Tax Fairness ... .

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What's a 'wealth tax' and how would it work?

Pittsburgh Tribune Review 27 Oct 2021

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What is a wealth tax, and how would it work?

The Los Angeles Times 27 Oct 2021

To help pay for his big economic and social agenda, President Biden is looking to go where the big money is. billionaires ... Advertisement ... Politics ... “Right now, billionaires are not paying a dime in taxes on their fabulous income gains from their stock holdings during the pandemic,” said Frank Clemente, executive director of Americans for Tax Fairness.