Patriotic Millionaires

05/13/2026

Millionaires in North Carolina are stepping up to challenge politicians and say: tax us more and fund our public schools. 📚💸

It’s time to get our priorities straight and raise taxes on incomes over $1 million and invest in North Carolina students instead of endless tax breaks for the rich. Priorities matter.

Democratic lawmakers say North Carolina could raise an extra $1 billion a year for public schools just by taxing the richest few top earners at 7% rather than the current 3.99% tax rate.

05/13/2026

This whole piece is just *perfect*

"It must be hard to hear people say shocking things such as: 'Maybe we should restructure the tax code so the ultra-rich don’t pay lower effective tax rates than teachers.'”

Chef's 👏 kiss 👏

No wonder they are upset by the slogan ‘tax the rich’. Despite their wealth increasing 81% since 2020, they need our emotional support now more than ever, writes Arwa Mahdawi

05/12/2026

Erica Payne asked North Carolina House Majority Leader Brenden Jones if he would meet with his constituents about raising the minimum wage. His response? Slam the door and walk away.🚪 How’s that for putting working people first?

05/12/2026

Yesterday, Team Money was out in Fayetteville, North Carolina, meeting with Tar Heels, encouraging folks to register to vote, and spreading the word about The MONEY Agenda.

Because an economy that works for everyone starts with a democracy where everyone takes part.

05/12/2026

North Carolina's regressive tax system shifts the tax burden away from millionaires like our members & onto working people. Currently, the bottom 20% of earners pay 10.5% of their income in state & local taxes, while the top 1% pays 6.0%.

Right now, thanks to eight years’ worth of tax cuts from Congress and the North Carolina General Assembly, the top 1% will pay about $5 billion less in taxes this year than they otherwise would have.

Meanwhile, public schools suffer devastating budget blows.

A new bill would change all of this.

That's why Patriotic Millionaires are thrilled to see Rep. Allen Buansi introduce the Fair Share for Public Schools Act, which would make the state's tax code fairer and give schools the critical infusion of funds they need to get off life support.

The bill would establish a 7% income surtax on income over $1 million and direct the revenues raised to the State Public School Fund.

Click the link here or the image below to read why Patriotic Millionaire Monica Lavery sees this new surtax as an important investment in the state:

The Fair Share for Public Schools Act, which would make our tax code fairer and give our schools the critical infusion of funds | Opinion

05/11/2026

North Carolina's students and teachers deserve support, and millionaires are in a position to deliver real relief.

That's why Patriotic Millionaires is proud to back the Fair Share for Public Schools Act, introduced today in North Carolina.

05/11/2026

Patriotic Millionaire Monica Lavery is joining State Rep. Allen Buansi, Rep. Amber Baker, and Sen. Michael Garrett for the introduction of the Fair Share for Public Schools Act, a 7% surtax on income over $1 million to fund North Carolina's public schools.

WATCH LIVE ⬇️

Press Room LB @ 10:00 AM

05/08/2026

Tax season is over, and the “biggest refund ever” never showed up.

Instead, families are facing higher costs and cuts to health care and food assistance. All while the wealthy got the biggest breaks.

That’s not a fair economy. It’s a rigged one.

Innovative Research / Groundwork Collaborative GDP Down, Bills Up: How the Trump-GOP Tax Law Gives to the Rich While Prices Rise for Working Families April 30, 2026

05/08/2026

New York Governor Kathy Hochul announced a budget deal yesterday, but it’s not over until it's over.

In a new op-ed for Times Union, our Chair, Morris Pearl, calls on Hochul to go further in taxing New York millionaires like him – before it’s too late.

Don't believe the hype: We won't leave the state. And New York needs the money to patch holes left by federal funding cuts.

05/08/2026

Why is a NYC millionaires tax… a thing? Because the city has a budget gap, and you don’t fix that by squeezing working people.

Groundwork’s Alex Jacquez explains:

Innovative Research / Groundwork Collaborative Closing the Gap: Why New York City Needs a Millionaires Tax March 24, 2026 Alex Jacquez

05/07/2026

As Patriotic Millionaires president Erica Payne put it in Fast Company today, “The only thing that will collapse if we tax billionaires at an appropriate level is an over-inflated ego or two... and I think that would be a wonderful thing for all of us.”