News Releases

TIME TO EAT YOUR WORDS, SEC. MNUCHIN: TAX CUTS FOR THE WEALTHY DIDN’T LOWER THE DEFICIT

WASHINGTON, D.C. – Two years ago today, Treasury Secretary Steven Mnuchin sold the proposed Trump-GOP tax cuts to lawmakers and the American public by making a bold promise: the tax cuts would reduce the federal defict by more than $1 trillion. “We think this tax plan will cut down the deficits by a trillion dollars,” […]

IMPEACHMENT INQUIRY SHOULD INCLUDE OBTAINING TRUMP’S TAX RETURNS: ATF

Americans for Tax Fairness today urged Congress to obtain President Trump’s personal and business tax returns as part of its impeachment inquiry. Trump has so far resisted attempts by a House committee to turn over his tax returns, saying Congress “has no legitimate legislative purpose” for obtaining the documents. But an impeachment inquiry gives Congress […]

ICYMI: COMPILATION OF NON-PARTISAN RESEARCH AND NEWS REPORTS SHOWS LITTLE ECONOMIC GAIN FROM TRUMP-GOP TAX CUTS

Nevertheless, Trump Considering New Tax Cuts for Wealthy Even Though Polling Compilation Shows TCJA Still Underwater with Public  The 2017 Tax Cuts and Jobs Act (TCJA), the top legislative achievement of the Trump Administration and the GOP Congress, has failed to live up to the many promises by its proponents, according to a year-long compilation […]

TRUMP TAX PLAN TO INDEX CAPITAL GAINS IS GREEDY, COSTLY, FRAUDULENT AND ILLEGAL

A year after first floating the idea of indexing capital gains to inflation, and then wisely shying away from it, the Trump administration is again considering handing the richest 1% another meaty tax cut at the expense of everyone else—and doing it without Congress’s approval. Besides probably being illegal, the proposal would cost up to […]

ATF APPLAUDS GOV. NEWSOM FOR SIGNING BILL ON TRUMP’S TAX RETURNS

Legislation Helps Restore Transparency to Presidential Elections Americans for Tax Fairness today applauded California Gov. Gavin Newsom for signing a bill to require presidential and gubernatorial candidates to release five years of federal tax returns as a condition for appearing on the state’s primary ballot. Frank Clemente, executive director of Americans for Tax Fairness, said […]

‘WHAT IS HE HIDING?’ ATF STATEMENT ON TRUMP’S LAWSUIT OVER HIS TAX RETURNS

Frank Clemente, executive director of Americans for Tax Fairness, released the following statement today concerning the lawsuit filed by President Trump against the House Ways & Means Committee to prevent the release of his personal and business tax returns. “President Trump is taking extraordinary legal measures to block Congress and the public from seeing his […]

GOV. CUOMO’S SIGNATURE ON TRUST ACT IS ‘VICTORY FOR PUBLIC’S RIGHT TO KNOW”

Frank Clemente, executive director of Americans for Tax Fairness, released the following statement on New York Gov. Cuomo’s signing of the TRUST ACT, which authorizes state officials to share tax return information of elected officials upon a request from Congressional Committees: “Today’s action by Gov. Cuomo is a victory for the public’s right to know. […]

ATF STATEMENT ON LAWSUIT FOR TRUMP’S TAX RETURNS

Frank Clemente, executive director of Americans for Tax Fairness, released the following statement today on the decision by House Ways and Means Committee Chairman Richard Neal to file a lawsuit to compel the Treasury Department to furnish Donald Trump’s personal and business tax returns for the last six years. “It’s unfortunate that the committee has to resort […]

UNIONS, POLICY GROUPS URGE CONGRESS TO INVESTIGATE FAILED PROMISES OF TRUMP-GOP TAX CUTS

Recent CRS Report Finds ‘Discouraging Findings’ About Tax Law’s Impact Seven organizations, including Americans for Tax Fairness, AFL-CIO, Communications Workers of America and Economic Policy Institute, have written to the chairmen and ranking members of the House and Senate tax writing committees urging them to investigate the 2017 Tax Cuts and Jobs Act in light […]

Two Bills Take Aim at Making Tax System Fairer for Working Families

Tax Extenders Bill Before House Ways and Means Committee Today Will Begin Roll-Back of Trump-GOP Tax Law Two bills being marked up Thursday in the House Ways and Means Committee will begin the long overdue process of repealing one of the most egregious parts of the 2017 Tax Cuts and Jobs Act (TCJA) while helping […]