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How Trump Benefits From The New Trump-GOP Tax Law

Despite his false claim that his tax plan would “cost me a fortune,” President Trump will undoubtedly be among the very wealthy who will benefit enormously from his tax plan. Several elements will be particular boons to Trump and his family. Trump’s exact tax savings are difficult to estimate since he has refused to release […]

12 Terrible Things About the Trump-GOP Tax Law

Gives 83% of the tax cuts to the richest 1% by 2027. The richest 1% of taxpayers will get one-fifth (21%) of the tax cuts in 2018, but that grows to 83% by 2027. Their tax cut will average $51,000 in 2018; the bottom 60% of taxpayers will get about a dollar day. [Tax Policy […]

Public Interest Group Statements In Opposition To The Passage Of The Trump-GOP Tax Bill

AFL-CIO, William Samuel, Director of the Government Affairs Department “This tax bill is a job killer that gives huge tax breaks to wealthy corporations that outsource jobs at the expense of working people. … Working people will be stuck with the bill for this wasteful tax boondoggle. We will pay the price in the form […]

WHILE REPUBLICANS TRY TO RAM AN UNPOPULAR TAX PLAN THROUGH CONGRESS, AMERICANS CONTINUE TO VOICE THEIR OBJECTION

OVER 930,000 CALLS HAVE BEEN MADE TO HOUSE AND SENATE MEMBERS IN OPPOSITION TO THE #GOPTAXSCAM  FOR IMMEDIATE RELEASE: December 19, 2017 CONTACT: TJ Helmstetter, THelmstetter@AmericansForTaxFairness.org Concerned constituents opposed to the Republican tax plan have now placed more than 930,000 phone calls to Congress using tools and 1-800 numbers set up by a wide coalition of groups opposed to the plan. Of […]

STATEMENT FROM AMERICANS FOR TAX FAIRNESS EXECUTIVE DIRECTOR FRANK CLEMENTE

“Hypocrisy rules in Washington. With Bob Corker’s reversal, the myth of the deficit hawk is now dead. Next year when Republicans propose deep cuts to Social Security, Medicare, and Medicaid under the guise of deficit reduction, we will all remember that they increased the deficit by $1.5 trillion in order to give tax cuts to […]

The Pharma Big 10: Price Gougers, Tax Dodgers

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 […]

NEW POLLS: State Voters Reject Senate Tax Plan

Below are new polls showing how voters in swing states oppose the U.S. Senate tax legislation. Arizona Read the polling memo from Hart Research here. Read the polling topline from Hart Research here. Find the slideshow presentation from Hart Research here. Tennessee: Read the polling memo from Hart Research here. Read the polling topline from Hart […]

36 Million Working Families to Pay More Under House Tax Bill

The tax plan scheduled for a House vote this week—the one touted by President Trump and Congressional Republicans as a tax cut for the middle class—would actually raise taxes on 36 million low- and middle-income American taxpayers by an average of $1,130 a year once it’s fully phased in, based on data from the Tax […]

The “Trump Loophole”: Key Facts About the Trump-GOP Fake “Small” Business Tax Cut

The so-called “small” business tax cut in the Trump-GOP tax plan, which would lower the business tax rate from 39.6% to 25%, is a fake because it will primarily benefit wealthy businesses, such as Wall Street hedge fund managers, big law firms and real estate developers like Trump. The new 25% tax rate would benefit […]

Far From Helping, Trump’s Tax Plan Shortchanges Disaster Victims

By Will Rice, Senior Writer/Researcher Donald Trump is not helping disaster victims when he urges Congress to quickly pass tax cuts for the wealthy as a response to the Gulf Coast hurricanes. Far from helping, reducing federal revenues by trillions of dollars through the kind of tax giveaways to the rich and corporations Trump is calling for would […]