Blog, Latest Updates • November 12, 2026

Newly Elected and Returning Lawmakers Back a Tax Fairness Agenda to Deliver on Americans’ Overwhelming Directive for Change

New members of Congress pose for a picture on Capitol Hill

WASHINGTON, D.C. (November 12, 2026) – In case you missed it, on the heels of Election Day’s Blue Tsunami, newly elected and returning lawmakers have wasted no time answering Americans’ directive for sweeping change, putting the long-overdue fight to make billionaires and corporations pay their fair share in taxes front and center.

“Americans demanded change on Election Day, and we are thrilled to see so many new and returning members of Congress answer that call with a clear commitment to making the wealthy and big corporations pay their fair share,” said Kristen Crowell, Executive Director of Families Over Billionaires. “We can and we will lower costs and invest in working families, and we know how to pay for it. We’re done waiting – tax the rich.”

As lawmakers prepare for a new Congress, there’s no doubt about what they need to deliver: lower costs, better pay and an economy that works for everyone. The simple truth, though, is we need a way to pay for it all. Make no mistake – without a plan to fund Democrats’ bold agenda, their promises are just words. The answer is straightforward: working people pay their fair share, corporations and billionaires should too.

Here’s a round-up of just a few of the leaders putting tax fairness at the top of the agenda since Election Day:

“We need to tackle this political corruption and again why it’s so deeply connected to the fact that we have a rigged economy, we need to redo a broken tax system. We need to make sure we have a wealth tax on billionaires.” – Senator Chris Van Hollen at Popular Mandate

“Let’s talk about the foolishness of gutting Medicaid to pass tax cuts for the richest people in America…The American public has made their choice. They want affordability. They want accountability. They want to be able to afford their gas and their groceries and to see a doctor. And we intend to get those things done.” – Senator-elect Abdul El-Sayed on ABC News

“I am focusing on protecting social security…I have a bill that would extend the solvency of social security by making billionaires finally pay their fair share. I will do everything I can to pass it next Congress.” – Senator Kirsten Gillibrandoutlining her priorities for the next Congress

“The reconciliation process allows us to pass big chunks of legislation that would improve people’s lives without a single Republican vote. Reverse the health care cuts the Republicans put in place, expand health care coverage, and fund universal childcare – all with a 51-vote majority in the Senate. And, to pay for it, we can start by reversing the tax breaks Trump and the Republicans handed out to millionaires and billionaires.” – Senator Elizabeth Warren at Popular Mandate

“We will fight to reverse Trump’s devastating cuts to healthcare and ensure that the ultra-wealthy and the biggest corporations pay their fair share…Yesterday, the American people showed up and demanded a better future. Now it’s Congress’ job to build it.” – Senator Alex Padilla in his statement on the 2026 midterm elections

“On taxes, the committee will redouble its efforts to ensure billionaires pay their fair share and hold tax cheats accountable. Democrats will spearhead a tax agenda that puts American families first and requires the ultra-rich and corporations to pay their fair share.” – Senator Ron Wyden, Senate Finance Committee Ranking Member on the committee’s Democratic majority agenda

“How to pay for these essential initiatives? We can start by raising more than $4 trillion over a decade with the federal tax on billionaires I have sponsored with Sen. Bernie Sanders. Critics claim this tax is anti-business and anti-innovation. They are wrong. It is pro-fairness.” – Congressman Ro Khanna (CA-17) in an op-ed published in MS NOW

“Data centers speak directly to costs and to the legalized corruption that’s become ordinary business in our rigged economy. They’re taking tax breaks, they’re sucking up water, they’re proposing to use double or triple the total capacity of the grid in Michigan, they’re threatening people’s home values. All of this is being done because the playing field is fundamentally slanted away from local communities and towards these mega corporations.” – Congressman-Elect Will Lawrence (MI-7) in an interview with WIRED this week

“We always seem to have money for billionaire tax breaks (they got more than $1 trillion in July 2024) and bombs for their never-ending wars. But never enough for education, healthcare, etc.

Imagine instead if we stopped those billionaire handouts? We could fund things like universal pre-K.” – Congresswoman-Elect Katy Padilla Stout (TX-23) following her victory this week

In a Washington Post interview, Congressman Greg Casar said (paraphrased) “the entire party has an opportunity now to unite around [anti-corruption and populist] policies, including ending super PACs, increasing the federal minimum wage, banning congressional stock trading, taxing billionaires and cracking down on high credit card interest rates.”

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Beyond these post-election calls for action, a new class of senators is headed to Washington after campaigning explicitly for tax reform and making the wealthy pay their fair share. Together, they bring additional support for tax fairness to the incoming Congress.

Families Over Billionaires released a memo following Election Day outlining what the 2026 midterm results mean for tax fairness and how Democrats can fulfill voters’ resounding mandate. See the full memo HERE.