PRESS RELEASE: 1000 Americans Spell Out “TAX THE 1%” on San Francisco Beach

FOR IMMEDIATE RELEASE

CONTACT:
Brad Newsham, 415-305-8294, newsham@mac.com
Chuck Collins, 617/308-4433, chuckcollins7@mac.com
Andrew Boyd, 347-228-7416, andrewontheroad@gmail.com

LATEST PROTEST IN OCCUPY WALL STREET WAVE

On Saturday over 1000 Americans laid their bodies down on a San Francisco beach to spell out “TAX THE 1%.” This protest was just the latest, and possibly most spectacular yet, in the wave of protests that have swept the nation since protesters occupied Wall Street, launching the “We are the 99%” movement.


(Photos courtesy: ©2011 John Montgomery) – Click to view in high resolution.

“I work hard every day,” said event organizer and Bay Area cab driver, Brad Newsham. “It isn’t right that I pay higher taxes than billionaires like Warren Buffet. And actually, Mr. Buffet agrees with me on this.” Recently the “Buffet Rule” has become a touchstone of Obama’s proposal to tax millionaires to fund his job program. Republicans in Congress have blocked both initiatives, but recent polls show that 73% of Americans (including 66% of Republicans, and 52% of Tea Partiers) support the Buffet Rule and want to raise taxes on millionaires. [1]

The “TAX THE 1%” human banner was scheduled almost exactly a year before Election Day 2012. This is no coincidence. “We’re putting Obama and all the Presidential candidates on notice,” said event co-organizer and Other 98% founder, Andrew Boyd. “The 99% of us have been hammered by this ecnonomy. It’s time for the 1% to pay their fair share.” Over the last 30 years incomes of the 99% of Americans have stagnated, while the 1% has seen their share of the national income more than double over the same period. [2]

“Everyone knows the game is rigged,” said Newsham. “One simple thing we can do right now to make things more fair is to tax the 1%. And we came down here to spell it out.”

“They say we’re not supposed to tax the rich because they’re the ‘job creators.’” said Boyd. “Well, where are the jobs? Instead of creating jobs, they took the money they got from the Bush tax cuts and put it into risky financial speculation that destroyed the economy.” Even with historically low tax rates for the 1%, job growth has declined. A recent CBS News poll showed that only 18% of Americans believe that cutting taxes on millionaires will spur job creation. [3]

The percentage of taxes paid by millionaires has steadily declined over the last 50 years.  In 1961, Americans earning over $1 million (adjusted for 2011 dollars) paid 43.1% of their incomes in taxes. Last year, millionaires paid 23.1% of their income in taxes. [4]

Newsham hired a helicopter and photographer to fly overhead and take pictures.

The event was a collaboration between Mr. Newsham and The Other 98%, a net-roots powerhouse with over 120,000 facebook followers. For more information, please visit other98.com

The crowd was estimated at over 1000, including two San Francisco City Supervisors.

[1] http://tpmdc.talkingpointsmemo.com/2011/09/poll-73-percent-support-the-buffett-rule-including-66-percent-of-republicans.php

[2] http://www.nytimes.com/2011/10/26/us/politics/top-earners-doubled-share-of-nations-income-cbo-says.html?_r=3&nl=todaysheadlines&emc=tha23

[3] http://www.cbsnews.com/8301-503544_162-20114988-503544.html

[4] http://www.ips-dc.org/reports/unnecessary_austerity_unnecessary_government_shutdown

13 thoughts on “PRESS RELEASE: 1000 Americans Spell Out “TAX THE 1%” on San Francisco Beach

  1. [...] Some photos of the manifestation that took place at Ocean Beach, San Francisco can be seen at this location: www.arauz.com/images/webalbums/tax-the-1-percent/  For the aerial photos visit: http://www.humanbannersf.com/tax-the-1-percent/ [...]

  2. [...] Francisco: Human Banners This entry was posted in #Occupy Groups by admin. Bookmark the [...]

  3. [...] 1,000 occupiers spelled it out in this Human Surf Banner on a beach in San Francisco: [...]

  4. [...] event was organized by Bay Area taxi driver Brad Newsham. “I work hard every day,” said Newsham. “It isn’t right that I pay higher taxes than [...]

  5. [...] Human Banner SF: “I work hard every day,” said event organizer and Bay Area cab driver, Brad Newsham. [...]

  6. [...] SAN FRANCISCO: 1000 Americans Spell Out “TAX THE 1%” on San Francisco Beach Over 1000 Americans laid their bodies down on a San Francisco beach to spell out “TAX THE 1%.” The latest protest since occupy Wall Street. http://www.humanbannersf.com/tax-the-1-percent/ [...]

  7. [...] people at Occupy San Francisco spelled out “TAX THE 1%” with their [...]

  8. 19 Things... says:

    [...] SEE SIX STAGGERING PHOTOS OF THE “TAX THE 1%” EVENT, CLICK HERE.  FOR VIDEO, [...]

  9. [...] 1000 Americans Spell Out "TAX THE 1%" on San Francisco Beach [...]

  10. [...] she noted. The pictures are copyright, so I’m not publishing them here, but here’s a link. They’re pretty [...]

  11. [...] You can view the press release and more photos here. [...]

  12. [...] SAN FRANCISCO: 1000 Americans Spell Out “TAX THE 1%” on San Francisco Beach Over 1000 Americans laid their bodies down on a San Francisco beach to spell out “TAX THE 1%.” The latest protest since occupy Wall Street. http://www.humanbannersf.com/tax-the-1-percent/ [...]