News Releases

STATEMENT: McCONNELL COMES CLEAN, ADMITS GOP STRATEGY TO CUT MEDICARE, MEDICAID TO PAY FOR TAX CUTS FOR WEALTHY

Frank Clemente, executive director of Americans for Tax Fairness, released the following statement today concerning Senate Majority Leader Mitch McConnell’s statement blaming the expanding federal deficit on critical services such as Medicare, Medicaid and Social Security: “Mitch McConnell finally pulled back the curtain and admitted the truth about the Trump-GOP tax cuts that we’ve been […]

$750 BILLION: TOTAL STOCK BUYBACKS AUTHORIZED BY U.S. CORPORATIONS SINCE TAX LAW PASSED

Oracle’s second $12 billion stock repurchase in 7 months hits the new level; stock buybacks are flourishing while wages are flat since Trump-GOP tax cuts WASHINGTON, D.C. – With Oracle’s September announcement that it plans another $12 billion stock repurchase, the total amount of stock buybacks authorized by corporations since passage of the Trump-GOP tax cuts […]

The 2018 Tax Debate Media Briefing Book

READ FULL REPORT HERE INTRODUCTION: TAXES & THE MIDTERM ELECTIONS Public opinion polling and data and analysis from numerous sources identified below were used to prepare this Media Briefing Book. What it shows is that the Trump-GOP tax law, officially titled the Tax Cuts and Jobs Act, is not proving to be the political winner […]

AFTER $30 BILLION IN PROFITS AND A $4 BILLION TAX CUT, VERIZON SEEKS TO CUT 44,000 U.S. WORKERS, OUTSOURCE UP TO 5,000 JOBS

Actions Show Trump-GOP Tax Cuts No Help for Average Working Families WASHINGTON, D.C. – Verizon, which had profits last year of $30 billion and will receive an estimated $4 billion tax cut in 2018 as a result of the Trump-GOP tax law, announced this week that it could cut its workforce by nearly one-quarter and […]

STATEMENT: NEW YORK TIMES STORY EXPOSES BROKEN TAX SYSTEM, HOW TRUMP FAMILY AVOIDED TAXES

Frank Clemente, executive director of Americans for Tax Fairness, released the following statement today concerning The New York Times investigation into President Trump’s finances: “Today’s story in the New York Times shows why we need to fix our rigged tax system and why we need to know even more about Trump’s personal wealth, including his […]

Statement of Americans for Tax Fairness Upon Passage of Second Round of Trump-GOP Tax Cuts

Frank Clemente, executive director of Americans for Tax Fairness, released the following statement today ahead of the vote in the U.S. House of Representatives for a second round of Trump-GOP tax cuts. “Today, the House of Representatives on a largely party-line vote approved a massive $3 trillion tax cut that mostly benefits the wealthy, on […]

ANALYSIS OF TAX ISSUES IN THE 2018 FEDERAL MIDTERM ELECTIONS

KEY FINDINGS “Republicans lost the messaging battle on the [tax] issue, per a Sept. 2 polling memo prepared for the Republican National Committee. Their poll found that by 61% to 30%, voters said the law benefits “large corporations and rich Americans” over “middle class families.” The memo attributed this to message discipline from the tax […]

VOTE ON $3 TRILLION IN NEW TAX CUTS PLANNED IN U.S. HOUSE NEXT WEEK

ATF State Reports Detail How Measure Favors Wealthy, Increases Debt and Jeopardizes Critical Services WASHINGTON, D.C. – House Speaker Paul Ryan is expected to bring legislation to the House floor next week that would provide a second round of tax cuts which, like the first round last year, heavily favors the wealthy and businesses, will add […]

HOUSE COMMITTEE VOTES TO DOUBLE DOWN ON FAILED TRUMP-GOP TAX CUTS FOR THE WEALTHY

New Tax Cut Proposal is More of The Same: Favors the Wealthy, Deepens the Deficit, Threatens Medicare/Social Security WASHINGTON, D.C. – The House Ways and Means Committee voted Thursday along party lines to double down on the failed first round of Trump-GOP tax cuts and approve a bill that provides even more tax cuts that mostly benefit […]

776 NATIONAL AND STATE GROUPS SIGN LETTER OPPOSING ROUND 2 OF TRUMP-GOP TAX CUTS

New Tax Cut Proposal to be Considered Thursday is More of the Same: Favors the Wealthy, Balloons the Deficit, Threatens Medicare/Medicaid/Social Security WASHINGTON, D.C. – A coalition of 137 prominent national organizations have come together with 639 state groups to oppose a second round of tax cuts proposed by President Trump and House Republicans that will, […]