Amazon made $11.2 billion in profit in 2020, and paid zero federal taxes.

Elon Musk, worth over $200 billion, paid just 3.27% of his wealth in taxes.

Now, let’s break down the numbers:

 • Amazon should have paid $2.5 billion in federal taxes in 2020 based on its profits (21% corporate tax rate).

 • Elon Musk’s 3.27% tax rate on his $200 billion wealth means he should have paid $6.5 billion in taxes, but he paid only $3.2 billion over several years—still only half of what he should be paying.

Why This Matters:

• Billionaires like Musk and Bezos should be contributing much more—the money they’re avoiding in taxes could help fund vital public services.

 • For example, $2.5 billion from Amazon’s taxes could fund the full cost of the DEI program across U.S. government departments—a program that helps ensure equal opportunity for everyone.

 • $6.5 billion from Musk’s taxes could fully fund the federal health insurance program for 2 million people or provide free college education for 1 million students.

Instead of paying their share, the ultra-wealthy are hoarding their wealth, and we are told we can’t afford these essential programs.

What needs to change:

 1. Close the tax loopholes that let billionaires and corporations avoid paying their fair share.

 2. Require full transparency so we can see where billionaires’ money is hiding and ensure they’re paying the taxes they owe.

 3. Tax wealth, not just income, to ensure the ultra-wealthy contribute based on what they hold, not just what they earn.

 4. Fix corporate tax laws to make sure companies like Amazon pay their fair share of taxes based on their profits.

 5. Ensure fair funding for services that benefit everyone, like DEI programs, healthcare, and education—funded by the ultra-wealthy paying their share.

Why This Matters:

 • The ultra-wealthy are paying far less in taxes than the average worker, leaving everyday Americans to pay for public services and essential programs that should be fully funded by those who have the most wealth.

 • If billionaires and corporations paid their fair share, we could easily fund programs like DEI initiatives and other services that help everyone—instead, we are left fighting for what we can’t afford, even though the money is there.

 

This is not about politics. This is about fairness and justice. We need a system that works for everyone—where the wealthiest pay their share and help fund the programs that make our society stronger.

Call to Action:

Sign this petition to demand that billionaires and corporations pay their fair share of taxes. Let’s ensure that the wealthiest contribute to a fairer, more equitable society for everyone