NY Rep. Dan Goldman Introduces ROBINHOOD Act to Close Billionaire Tax Loophole and Fund Social Programs
New York Representative Dan Goldman has proposed ambitious legislation known as the ROBINHOOD Act, aiming to close a significant tax loophole that benefits billionaires. According to the proposal’s title, the bill is projected to generate approximately $276 billion in revenue over the next ten years. The funds raised would be allocated toward expansive social programs, including universal childcare, designed to support working families and reduce economic inequality. The ROBINHOOD Act arrives in the midst of increasing national discourse about wealth inequality and the effectiveness of current tax policies affecting ultra-wealthy individuals. Over recent years, growing public scrutiny has been directed












