Wealthy New Yorkers ask NYS to Raise their Taxes

The campaign to raise taxes in New York is gaining ground! In March 2021, 51 wealthy New Yorkers (organized by Responsible Wealth and others) signed an open letter to NYS leaders, advocating higher taxes on themselves (the rich) to help meet critical budget needs. The letter is covered in an article by the New York Daily News. We're very happy to see that things are progressing on this campaign. Click below to read the news coverage and more.   Continue reading

Responsible Wealth Pushes Progress at Biden Administration

In December 2020, UFE’s Responsible Wealth Project joined partner organizations and wealthy / upper-income individuals in sending a letter to President-elect Biden pushing him to enact progressive priorities in the new administration. We have an opportunity to push President Biden and the new Congress to make positive changes, including progressive tax changes like rolling back the Trump tax cuts for the wealthy. Continue reading

The One for Democracy Pledge

Extreme wealth inequality and racism continue to put our democracy at risk. UFE and our Responsible Wealth project have joined One for Democracy, which is asking wealthy people to pledge to move their resources to groups organizing for democracy before the election next month. Watch this video by two of our staff members, Sara Sargent and Mike Lapham, to learn more!   Continue reading

A Letter to New York's Governor and Legislature

On March 16, 2020, thirty-five members of Responsible Wealth – all in the top 1% of income and/or wealth – sent a letter to New York State Governor Andrew Cuomo and the Legislature advocating for higher taxes on ultra-wealthy individuals like themselves to help fill New York’s pressing and unmet budget needs. Continue reading

Responsible Wealth's Mike Lapham featured on NBC!

How we talk about wealth matters! In a new NBC video, our Responsible Wealth Project Director, Mike Lapham, co-author of The Self-Made Myth, explains why NO ONE is self-made. The video is about 10 minutes long - check it out now! Continue reading

United for a Fair Economy Celebrates 25 Years!

Responsible Wealth – a network of individuals in the top 1% of income and/or wealth – is one of our core programs at United for a Fair Economy (UFE). Members of Responsible Wealth joined the wider UFE community in September 2019 to celebrate UFE's 25th anniversary. More than 150 of our friends and supporters came together to share food, stories, music and community in honor of our 25th year. Thanks to all who joined us in person or in spirit!  Continue reading

Millionaires Gather in Albany to Demand Higher Taxes

On March 13th, 2018, a group of wealthy New Yorkers  gathered at the Million Dollar Staircase in the NY State Capitol to demand that the state legislature raise their taxes by approving the expansion of the millionaires tax and by closing the carried interest tax loophole. Continue reading

Media Roundup: Responsible Wealth in the News

On November 13, over 400 wealthy members of Responsible Wealth and Voices for Progress, raised their hand and emphatically said: "we don't need a tax cut."    Continue reading

Press Release: 400 Wealthy Taxpayers Demand Congress Not Cut Their Taxes

More than 400 wealthy and upper-income taxpayers, including billionaire financier George Soros, former Rockefeller Brothers Fund chair Steven Rockefeller, and filmmaker Abigail Disney, have signed a letter calling on Congress to reject the Republican tax plan that gives tax cuts to millionaires and billionaires, especially any plan that is not revenue neutral, which would lead to deep cuts in services and critical investments, such as Medicaid, Medicare, and education.   Continue reading

Part of the Solution in Connecticut

The state of Connecticut is facing a budget deficit of ($2.8 billion for Fiscal Year 2018, which began July 1, 2017.  Proposals for filling that gap include: concessions worth $1.5 billion from the largest public employee union; weakening the Earned Income Tax Credit and other tax credits that benefit lower-income taxpayers; and sharply reducing funding for early education and higher education. On July 20, 2017, a group of wealthy Connecticut residents, organized by Responsible Wealth, took the unusual step of asking Governor Malloy and the Connecticut Legislature to raise their taxes to help fill the budget gap.     Continue reading