On Tax Day 2024, in conjunction with local partners, ATF issued individualized reports on the untaxed growth of billionaire wealth in almost a dozen states (see list below) since enactment of the Trump-GOP tax law in 2017. Included in each report was the following statement from ATF executive director David Kass:
“In states across the country this Tax Day, hard-working Americans know in their gut that the tax code isn’t fair. The untaxed explosion of billionaire wealth is a prime indicator of a rigged system. President Biden and congressional Democrats want to start more effectively taxing billionaires and other unimaginably wealthy Americans, while Donald Trump and Republicans want to give them more tax cuts. The contrast in priorities couldn’t be more clear.”
ATF has issued reports for the following states: