400 millionaires tell Congress not to cut their taxes

Senate Majority Leader Mitch McConnell of Ky. meets with reporters after a closed-door Republican strategy session. (AP Photo/J. Scott Applewhite)
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INDIANAPOLIS (WTHR) — Millionaires and billionaires are coming together to ask Congress to not cut their taxes.

That's right. They're urging Republicans in Congress to raise their taxes instead of cutting them.

More than 400 of America's wealthiest citizens wrote a letter asking Congress to reconsider that particular part of tax reform legislation, The Washington Post reported.

Responsible Wealth led the effort and gained signatures from Ben & Jerry’s co-founders Ben Cohen and Jerry Greenfield, billionaire George Soros, philanthropist Steven Rockefeller, and fashion designer Eileen Fisher, among hundreds of others, according to Fortune.

The letter states that the current tax bill adds to the country's debt when it shouldn't and that it "further exacerbates inequality."

Congress is expect to vote on the bill later this week. Republicans expect it to pass.