News Releases

TRUMP-GOP TAX CUTS SIX-MONTHS ANNIVERSARY: AN ANALYSIS

To: Editors and Columnists From: Frank Clemente, Executive Director, Americans for Tax Fairness Date: June 19, 2018 The Trump-GOP tax cuts, formally known as the Tax Cuts and Jobs Act, passed Congress Dec. 20, 2017, and was signed into law by President Trump on Dec. 22. At the six-month point, Americans for Tax Fairness analyzes […]

130 National Organizations Urge Congress To Oppose “Round 2” of Trump-GOP Tax Cuts

Second Massive Giveaway to the Wealthy Could Cost Another $800 Billion Washington, D.C. – A coalition of 130 prominent national organizations have come together to oppose a proposal by President Trump and the GOP-led Congress for a second round of tax cuts that will largely benefit the wealthy, cost an estimated $800 billion and jeopardize […]

Bank Heist: Wall Street Banks Get Huge Trump-GOP Tax Cuts, Enriching Shareholders But Sharing Little With Workers

On top of Bailouts, Big Banks Rewarded with Huge Tax Windfall Washington, D.C. – America’s big Wall Street banks and financial firms, profiting handsomely from the new Trump-GOP tax law, are using the bulk of their huge tax-cut savings to further enrich their already wealthy shareholders and executives while sharing little or nothing with their […]

More than 50 Organizations Urge Congress to End the Tax Preference for Shifting Jobs and Profits Offshore

Letter to Congress urges members to sponsor the No Tax Breaks for Outsourcing Act Washington, D.C. — Today, more than 50 national organizations sent a letter urging members of Congress to co-sponsor the No Tax Breaks for Outsourcing Act, which would overhaul the new international tax system put in place by the Tax Cuts and Jobs Act to ensure that […]

Harley-Davidson is a Case Study in How the Trump-GOP Tax Law is Failing American Workers — But It’s not Alone

After big tax-rate cut, Harley shut a Kansas City plant—costing 800 local jobs—rewarded shareholders with $700 million in stock buybacks and opened a new facility in Thailand. But the motorcycle maker’s corporate-tax-cut story is not unique. Washington, D.C. – Iconic motorcycle maker Harley-Davidson’s response to the new Republican tax law—cutting jobs, rewarding shareholders, and moving […]

Walmart, Home Depot, Cisco & Others Hold Earnings Call This Week: Will They Announce Any Benefits for Workers?

Only 4.2% of American Workers Have Seen One-Time Bonuses or Wage Hikes Result From the New Tax Law. Which Businesses Getting Tax Windfalls Will Be Next to Share the Wealth with U.S. Workers? Washington, D.C.—Americans for Tax Fairness (ATF) is tracking how businesses are spending their tax savings since the passage of the Tax Cut […]

$407 Billion in Corporate Stock Buybacks! How are Businesses in Your State Spending the Trump Tax Cuts?

Washington, D.C. – Today Americans for Tax Fairness released the latest updates on the Trump Tax Cut Truths website detailing how businesses are spending their tax savings since the passage of the Tax Cut and Jobs Act. The updates include a searchable map allowing you to easily find out how corporations headquartered in each state are spending […]

Tax Law Backfires, Republicans Running Scared

National GOP Leaders Use Smoke Screen and Scare Tactic to Tarnish Pelosi In Latest Effort to Save Face with Working Americans Washington, D.C.—Republicans have released a new ad that suggests Democrats will raise taxes on all Americans if they regain control of Congress. They even go so far as suggesting that if House Democratic Leader Nancy […]

Will Trump’s Speech on Pharma Lead to More Than Tough Talk?

Washington, D.C. – This week, President Trump will deliver a speech with more tough talk about pharmaceutical corporations “getting away with murder,” but instead of holding Big Pharma accountable for price gouging and offshore tax avoidance, Trump and the GOP recently rewarded these companies with massive tax breaks. Americans for Tax Fairness has released a […]

Stock Buybacks Under Trump Tax Cuts Climb to $387 Billion — 58 Times More Than $6.7 Billion Corporations Are Giving Workers

Apple’s new $100 billion stock buyback is 333 times the amount it has promised its employees in a one-time bonus Washington, D.C. — In the latest evidence that the Trump-GOP tax cuts were never intended to help working Americans, stock buybacks climbed to $387 billion yesterday, which is 58 times more than the $6.7 billion […]