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President Trump this week proclaimed “the Republican party will soon be known as the party of health care.” Apparently he was referring to his and his party’s efforts to kill healthcare dead:  Trump’s proposed budget, along with his administration’s surprise decision to back a full repeal of the Affordable Care Act (ACA) in the courts, […]

Dear Leaders Schumer and Pelosi and Ranking Members Wyden and Neal, We, the undersigned organizations, urge you to make obtaining and publicly releasing President Trump’s tax returns, and those of his more than 500 business entities, a top priority on Day One of the 116th Congress. The urgency in seeing President Trump’s tax returns dates […]

Eight months since the tax cuts were passed in December 2017, here’s what the data show: Corporate profits up, corporate tax revenues down (Figure 1): In the second quarter of 2018 (six months after the tax cuts passed in December 2017), corporate after-tax profits were 16% higher than a year earlier in the second quarter […]

TOPLINES: President Trump and the GOP want to double-down and pass another massive tax cut that mostly benefits the wealthy, campaign donors and big corporations, all at the expense of working families. It will cost $3 trillion over 10 years—more than the first round of tax cuts, which cost $2 trillion. To cover the ballooning […]

U.S. House Floor Vote Likely Week of Sept. 24 National Day of Action Friday, Sept. 21 Speaker Paul Ryan has announced that he plans a vote in the House of Representatives on a second round of tax cuts (#TaxScam2) before the end of September. We urge the progressive community to mobilize against more tax breaks […]

September 12, 2018 Dear Member of Congress: We urge you to reject a “Round 2” of tax cuts proposed by President Trump and Republicans in Congress that is similar to those enacted last year, which once again would primarily benefit wealthy Americans. The legislation introduced in the House yesterday would cost $2.8 trillion over 10 […]

This opinion piece appeared in The Hill. Frank Clemente & Margarida Jorge wrote: As President Trump and Republicans in Congress push for a second round of tax cuts, it’s important to look at how the first Trump-GOP tax law adopted last December hurt working families. One of the worst ways has nothing to do with taxes. Besides giving most […]

American Family Voices  •  Americans for Tax Fairness  •  Campaign for Accountability  •  Center for American Progress  •  Center for Biological Diversity  •  Center for Media and Democracy  •  Citizens for Responsibility and Ethics in Washington (CREW)  •  Common Cause  •  Demand Progress Action  •  End Citizens United  •  Free Speech For People  •  Public […]

Dear Member of Congress: We urge you to reject any so-called “Round 2” of tax cuts from President Trump and Republicans in Congress like those enacted last year, which once again would primarily benefit wealthy Americans and could end up costing close to $800 billion over the next decade and much more over the long-term. […]

View the Full Report in PDF here. TOPLINES The report examines the profits, taxes, and drug prices of the 10 biggest U.S. pharmaceutical companies, the “Pharma Big 10”: Johnson & Johnson, Pfizer, Merck & Co., Gilead Sciences, AbbVie, Amgen, Eli Lilly & Co., Bristol-Myers Squibb, Biogen and Celgene. Between 2011 and 2015, the Pharma Big 10 […]