Author: andrea

Dear Member of Congress: We urge you to oppose the inclusion of corporate tax breaks in any lame-duck legislative package. At a time when corporations are making record-high profits while paying record-low taxes as a share of the economy, and when corporate price gouging is helping to fuel inflation, corporations should start paying more of […]
Major corporations enjoying record profits from low tax rates and inflated prices are lobbying Congress to renew three major tax breaks before the end of the year, two that expired this year and a third expiring next year. These tax giveaways—which could cost $600 billion in lost revenue if extended over 10 years—were given expiration […]
The following statement was issued by Frank Clemente, executive director of Americans for Tax Fairness:  Through an onslaught of TV ads this fall, Congressional Republicans and their two super PACs tried to make this election a referendum on false claims about increased taxes on the middle class and increased funding for the IRS—and they lost. […]
After passing historic corporate tax reform in the Inflation Reduction Act earlier this year, Congress now risks erasing those tax-fairness gains in a lame-duck tax package rife with costly corporate giveaways. Legislation currently under discussion would extend—at a cost of up to $600 billion—three expired or expiring provisions of 2017’s Trump-GOP tax law benefitting big […]
PRESCRIPTION DRUGS & HEALTH CARE The IRA will lower prescription-drug costs for seniors and healthcare premiums for working families. Medicare will finally be allowed to negotiate with drug corporations to bring down the price of prescriptions. If drug corporations hike prices faster than inflation, they’ll pay the full difference to Medicare – a cap that […]
Nearly 2/3 of Group’s Super PAC Funding This Cycle Comes from 3 Billionaires Investing Millions to Save Their Families Much More in Taxes As of the end of July, just three billionaire households were responsible for almost two-thirds (64%)—or over $35 million—of the nearly $56 million raised this election cycle by Club for Growth Action […]
Tax reforms in the Inflation Reduction Act (IRA) will raise nearly $470 billion over ten years by making corporations and the wealthy pay a fairer share of taxes. About $400 billion of the revenue will be used for historic clean energy investments to combat climate change and reduce household energy costs, and for deficit reduction.  […]

Statement of Frank Clemente, executive director of Americans for Tax Fairness:  On behalf of the hundreds of endorsing organizations of the Americans for Tax Fairness coalition, I applaud House passage of the historic Inflation Reduction Act (IRA) and the leadership of Speaker Nancy Pelosi and Ways and Means Chairman Richard Neal in getting the job […]