Media

NO EVIDENCE TRUMP-GOP TAX CUTS ARE IMPROVING THE ECONOMY

Seven months since the tax cuts were passed in December 2017, here’s what the data show: Corporate after-tax profits have surged (Figure 1): Corporate profits after taxes jumped by 8.2% between the last quarter of 2017 and the first quarter of 2018, reaching nearly $2 trillion and reflecting who most benefits from the tax cuts. […]

EDITORIAL BOARD MEMO: TRUMP’S CAPITAL GAINS PROPOSAL IS ANOTHER TAX GIVEAWAY TO THE VERY, VERY RICH

WASHINGTON, D.C. – After signing into law massive tax cuts costing nearly $2 trillion that mostly benefit the wealthy and big corporations, President Trump wants to give the very rich another tax break—this time without approval from Congress. It would cost between $100 and $200 billion over 10 years. Both Trump (net worth: $3.7 billion) and […]

NATIONWIDE ‘DAYS OF ACTION’ TO MARK 53rd YEAR OF MEDICARE AND MEDICAID

More than 100 events in 58 cities to protest proposed cuts in healthcare services to pay for Trump-GOP tax giveaway to the wealthy and corporations WASHINGTON, D.C. – Activists around the country are holding about 100 events to mark the 53rdAnniversary on July 30thof the adoption of Medicare and Medicaid, and to highlight the effects that the […]

ANOTHER DAY, ANOTHER CORPORATE TAX BREAK

House Republicans Continue Their Assault on the ACA With Vote This Week to Repeal Medical Device Tax WASHINGTON, D.C. – A new analysis from Americans for Tax Fairness of medical device industry revenue and profits shows that the industry is doing quite well and not in need of a new tax cut from the House of […]

 THE PFIZER MYTH: DRUG COMPANY HAS NOT LOWERED PRICES

Pfzier delayed another increase, which would have been the second this year and fourth in 18 months. Despite billions in Trump-GOP tax cuts, the drug company’s prices are still too high. WASHINGTON, D.C. – After pharmaceutical giant Pfizer hiked the prices of more than 40 of its prescription drugs on July 1, Pfizer announced yesterday […]

Video: #PatriotsPay Their Fair Share in Taxes

It’s patriotic for the very wealthy and corporations to want to pay their fair share in taxes. Check out this video to see why.

PFIZER USING ITS TRUMP TAX CUTS TO ENRICH SHAREHOLDERS WHILE HIKING DRUG PRICES FOR CONSUMERS

Price Hikes Continue Despite Trump’s Claim That Drug Prices Will be Dropping WASHINGTON, D.C. – Pharmaceutical giant Pfizer hiked the prices of more than 40 of its prescription drugs this week, the second round of increases this year. The hikes were announced despite Pfizer receiving an estimated $25.5 billion tax cut on its nearly $200 […]

WITH GAS PRICES AND HEALTH CARE COSTS RISING, MANY AMERICANS WILL SEE NO BENEFIT FROM TRUMP-GOP TAX CUTS

At July 4th Holiday, Trump’s Tax Cut Promises Hit the Skids Because of Gas Prices WASHINGTON, D.C. —Working families who have been waiting to see the benefits of the Trump-GOP tax cuts will be waiting awhile longer: their promised tax cuts will likely be eaten up by higher gas prices just as they hit the […]

Corporate Stock Buybacks Hit $500 Billion Since Tax Law Passed With Walgreens’ $10 Billion Announcement Today

The Pharmacy Giant Becomes the Latest Corporation to Use its Trump-GOP Tax Cut To Reward its Shareholders, Not its Employees or Customers WASHINGTON, D.C. – Walgreens, the second largest pharmacy chain store in the U.S., today announced that it will repurchase $10 billion worth of stock from its shareholders, the latest in a growing list of […]

THE FACTS ABOUT PRESIDENT TRUMP’S TAX CUTS FOLLOW HIM TO WISCONSIN

ATF Releases State Reports on How Tax Cuts Law Benefits Corporations and the Wealthy, Not Wisconsin Workers and Families, and Jeopardizes Health Care Coverage for Many WASHINGTON, D.C. – As President Trump travels to Wisconsin tomorrow to tout his economic policies and the benefits of his tax law enacted six-months ago, Americans for Tax Fairness […]