Millionaire activist group looks to squeeze politicians who don't support higher taxes on the rich

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Millionaire activist group looks to squeeze politicians who don't support higher taxes on the rich
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Patriotic Millionaires activist group threatens to withhold endorsements if politicians don't push for higher taxes on the rich

The activists known as the Patriotic Millionaires, who describe themselves as"proud traitors to their class," want to meet with every member of Congress as part of a new lobbying campaign aimed at convincing lawmakers to raise taxes on the rich.

The millionaires in the group tend to back Democratic politicians. It is unclear whether the lobbying campaign will have any impact on Republican lawmakers. The Patriotic Millionaires' definition of"rich" includes people"with incomes of over $1 million or assets of over $5 million, and corporations with more than $1 million in annual profits," according to a memo sent to the group's partners.

The group's advisory board includes several Democratic contributors, including Naomi Aberly, a member of the Planned Parenthood Federation of America board, and Daniel Berger, a lawyer and managing shareholder at Berger Montague. Aberly contributed over $700,000 during the 2018 midterm elections while Berger spent more than $200,000 on Democratic causes.

"We aim to get every center/center left elected official and candidate to commit publicly that they will 'tax the rich' and force every center-right candidate to defend their refusal to 'tax the rich' in light of overwhelming bipartisan support for higher taxes on the rich," the memo says.

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