New laws have made it more difficult to vote and have diminished the influence of regular Americans on the legislative process. These laws combined with Supreme Court decisions like Buckley v Valeo and Citizens United together exacerbate inequality, depress the economy and reward crony capitalists. Politicians spend most of their time raising money and even the most wellmeaning elected leaders eventually shift their agenda to suit their financial backers rather than regular Americans. Notably, the majority of Americans support higher taxes on corporations and millionaires and a higher federal minimum wage, but both policies remain stalled in Congress because of the central cancer in American life, money in politics. The Patriotic Millionaires recognize that political inequality exacerbates economic inequality and that economic inequality in turn leads to greater political inequality. This vicious circle has become an existential threat to the long-term stability and prosperity of our nation.
WEALTH FOR THE COMMON GOOD | ORGANIZATIONAL OVERVIEW
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