Bring Back The Tax — The Moment You've Been Fighting For Is Here


Bring Back The Tax — The Moment You've Been Fighting For Is Here
The Issue
They did it.
The U.S. House of Representatives just passed their One Big Beautiful Bill that promises deep cuts to Medicaid—the single largest provider of healthcare for low-income Americans, children, seniors in nursing homes, and people with disabilities.
They didn’t blink. They said there was no other way.
But, here’s the deal. There’s more they could have done.
They just chose not to.
According to data from the Foreign Financial Institutions, reported under the Foreign Account Tax Compliance Act (FATCA), there’s an estimated $2 trillion sitting in offshore tax shelters, untouched. Legally sheltered. Carefully hidden.
But real. Earned. And largely untaxed.
The IRS knows about it. Congress knows about it. Everyone knows about it.
If Congress imposed even a modest 15% repatriation tax on those trillions, we could bring in $300 billion—without raising a single person’s taxes here at home. Without touching the middle class. Without cutting a single dime from healthcare, food assistance, or veterans’ services.
$300 billion.
That’s less than a rounding error in the offshore world.
It wouldn’t close the full gap.
But it would have meant something.
It would have shown they tried.
It would have told the American people:
"We’re not going to gut your healthcare without at least trying to tax the corporations hiding profits overseas."
But they didn’t.
They didn’t even try to do the bare minimum.
Not one line in the bill.
Not one amendment offered on the House floor.
Not even a talking point from leadership.
They chose to hurt the poor rather than inconvenience the rich.
That’s not governance. That’s cowardice dressed up as austerity.
They’ll say it’s complicated.
They’ll say the money’s hard to get.
They’ll say repatriation has “unintended consequences.”
But here’s the truth:
President Trump already did it.
In 2017, his administration imposed a one-time tax on offshore profits—even though it was too lenient and poorly executed. But the precedent is there. The mechanism is there. The money is still there.
They just didn’t want to bother their wealthy donors with it.
We’re not asking Congress to do something radical.
We’re asking them to do something basic.
To give a damn.
We’re congratulating the following United States Senators on finding themselves in a perfect position to do something about it. And we have every confidence that they will:
Senator Sheldon Whitehouse
Senator Elizabeth Warren
Senator Bernie Sanders
For years, the three of them have been tireless voices for justice in taxation. They have stood against corporate loopholes, offshore tax abuse, and a system that rewards hiding wealth more than earning it. They have introduced bills, held hearings, and spoken the truth—even when it was unpopular.
Now, the moment has come when that truth has teeth.
As the Senate prepares to vote on the One Big Beautiful Bill (OBBB), they stand in the perfect position to do what they’ve long called for: Insist that this bill include a provision to tax the trillions in offshore corporate profits—whether through a renewed repatriation mechanism like the one used in 2017, or a stronger, fairer version.
As they have long stated:
“There’s no good reason why profits that are booked offshore—often just for accounting gimmickry—shouldn’t be taxed fairly here at home.”
—Senator Sheldon Whitehouse
“The system is rigged—rigged to let the wealthy and well-connected skip out on their taxes while everyone else picks up the tab.”
—Senator Elizabeth Warren
“You don’t cut healthcare for the poor while the richest corporations in America are hiding billions offshore. You make them pay their fair share.”
—Senator Bernie Sanders
We agree. And we are excited that their moment has arrived to turn those words into law.
Again, we offer them congratulations as they will no doubt demonstrate to both Congress and the nation what real leadership looks like: by advancing a provision to repatriate at least 15% of the $2 trillion hiding offshore—doing what the House didn’t have the guts to even propose, and letting the country see the difference.
Bring back the tax. Or at the very least, bring back a modest portion to the country that helped them build their fortunes—and handed them the loopholes to hide it.
We are with them 100%.
If you are too, sign the petition.

43
The Issue
They did it.
The U.S. House of Representatives just passed their One Big Beautiful Bill that promises deep cuts to Medicaid—the single largest provider of healthcare for low-income Americans, children, seniors in nursing homes, and people with disabilities.
They didn’t blink. They said there was no other way.
But, here’s the deal. There’s more they could have done.
They just chose not to.
According to data from the Foreign Financial Institutions, reported under the Foreign Account Tax Compliance Act (FATCA), there’s an estimated $2 trillion sitting in offshore tax shelters, untouched. Legally sheltered. Carefully hidden.
But real. Earned. And largely untaxed.
The IRS knows about it. Congress knows about it. Everyone knows about it.
If Congress imposed even a modest 15% repatriation tax on those trillions, we could bring in $300 billion—without raising a single person’s taxes here at home. Without touching the middle class. Without cutting a single dime from healthcare, food assistance, or veterans’ services.
$300 billion.
That’s less than a rounding error in the offshore world.
It wouldn’t close the full gap.
But it would have meant something.
It would have shown they tried.
It would have told the American people:
"We’re not going to gut your healthcare without at least trying to tax the corporations hiding profits overseas."
But they didn’t.
They didn’t even try to do the bare minimum.
Not one line in the bill.
Not one amendment offered on the House floor.
Not even a talking point from leadership.
They chose to hurt the poor rather than inconvenience the rich.
That’s not governance. That’s cowardice dressed up as austerity.
They’ll say it’s complicated.
They’ll say the money’s hard to get.
They’ll say repatriation has “unintended consequences.”
But here’s the truth:
President Trump already did it.
In 2017, his administration imposed a one-time tax on offshore profits—even though it was too lenient and poorly executed. But the precedent is there. The mechanism is there. The money is still there.
They just didn’t want to bother their wealthy donors with it.
We’re not asking Congress to do something radical.
We’re asking them to do something basic.
To give a damn.
We’re congratulating the following United States Senators on finding themselves in a perfect position to do something about it. And we have every confidence that they will:
Senator Sheldon Whitehouse
Senator Elizabeth Warren
Senator Bernie Sanders
For years, the three of them have been tireless voices for justice in taxation. They have stood against corporate loopholes, offshore tax abuse, and a system that rewards hiding wealth more than earning it. They have introduced bills, held hearings, and spoken the truth—even when it was unpopular.
Now, the moment has come when that truth has teeth.
As the Senate prepares to vote on the One Big Beautiful Bill (OBBB), they stand in the perfect position to do what they’ve long called for: Insist that this bill include a provision to tax the trillions in offshore corporate profits—whether through a renewed repatriation mechanism like the one used in 2017, or a stronger, fairer version.
As they have long stated:
“There’s no good reason why profits that are booked offshore—often just for accounting gimmickry—shouldn’t be taxed fairly here at home.”
—Senator Sheldon Whitehouse
“The system is rigged—rigged to let the wealthy and well-connected skip out on their taxes while everyone else picks up the tab.”
—Senator Elizabeth Warren
“You don’t cut healthcare for the poor while the richest corporations in America are hiding billions offshore. You make them pay their fair share.”
—Senator Bernie Sanders
We agree. And we are excited that their moment has arrived to turn those words into law.
Again, we offer them congratulations as they will no doubt demonstrate to both Congress and the nation what real leadership looks like: by advancing a provision to repatriate at least 15% of the $2 trillion hiding offshore—doing what the House didn’t have the guts to even propose, and letting the country see the difference.
Bring back the tax. Or at the very least, bring back a modest portion to the country that helped them build their fortunes—and handed them the loopholes to hide it.
We are with them 100%.
If you are too, sign the petition.

43
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Petition created on February 7, 2025