The Cretaceous–Paleogene (K–Pg) mass extinction was geologically instantaneous, causing the most drastic extinction rates in Earth’s History. The rapid species losses and environmental destruction from the Chicxulub impact at 66.02 Ma made the K–Pg the most comparable past event to today’s projected “sixth” mass extinction. The extinction famously eliminated major clades of animals and plankton. However, for land plants, losses primarily occurred among species observed in regional studies but left no global trace at the family or major-clade level, leading to questions about whether there was a significant K–Pg plant extinction. We review emerging paleobotanical data from the Americas and argue that the evidence strongly favors profound (generally >50%), geographically heterogeneous species losses and recovery consistent with mass extinction. The heterogeneity appears to reflect several factors, including distance from the impact site and marine and latitudinal buffering of the impact winter. The ensuing transformations have affected all land life, including true angiosperm dominance in the world’s forests, the birth of the hyperdiverse Neotropical rainforest biome, and evolutionary radiations leading to many crown angiosperm clades. Although the worst outcomes are still preventable, the sixth mass extinction could mirror the K–Pg event by eliminating comparable numbers of plant species in a geologic instant, impoverishing and eventually transforming terrestrial ecosystems while having little effect on global plant-family diversity.