News Releases

Americans’ Health Care and Public Services at Risk From Trump Tax & Budget Cuts, New Report Warns

Trump/GOP Tax Breaks for Wealthy, Rx and Insurance Companies, and Trump Budget Show Grim Future of Drastic Health Care and Other Service Cuts for Working Families Washington, D.C. – This week in communities across the country advocates are holding events to educate the public about the harmful effects of the new tax law. Advocates at […]

ATF Launches Comprehensive Website ‘Trump Tax Cut Truths’

Searchable Database Includes More than 830 Corporations and Covers Size of Tax Cuts, Stock Buybacks, Workers’ Bonuses and Wage Hikes, Job Cuts and More Washington, D.C. – Americans for Tax Fairness today launched a comprehensive website, “Trump Tax Cut Truths,” detailing what American corporations are doing with their Trump tax cuts. The website includes searchable […]

Trump To Promote His Tax Plan At Boeing, But So Far, Company Has Rewarded Shareholders, Not Workers

With Tax Cut, Plane Maker Decided to Buy Back $4B of Stock, Boost Dividend by 20%, but not Give Employees a Pay Hike or Bonuses WASHINGTON, D.C.—President Trump will try to rally support for his unpopular corporate tax giveaway at a St. Louis Boeing plant Wednesday, but the company serving as his backdrop has yet […]

ATF Applauds Senate Democrats’ Plan to Fund Infrastructure by Rolling Back Trump Tax Cuts for the Wealthy

Wall Street Would Help Pay for Upgrades, Not Profiteer as Under Trump Plan WASHINGTON, D.C.—Senate Democrats today unveiled a $1 trillion plan to upgrade America’s crumbling infrastructure, paying for it by rolling back tax cuts lavished on the nation’s wealthiest households and corporations in last year’s Trump-GOP tax giveaway. The Democrats’ plan—which among many vital […]

House and Senate Legislation Would Close Loopholes in Trump-GOP Tax Law That Incentivize Shifting Jobs & Profits Offshore

“No Tax Breaks for Outsourcing Act” Would Remedy Trump Failure to Stop Manufacturing from Disappearing Offshore WASHINGTON, D.C. – New legislation introduced today would end tax incentives that encourage multinational corporations to shift jobs and profits offshore that were enacted under the recent tax legislation pushed by President Trump and Republicans in Congress. Sponsored by House Ways […]

Cisco’s Wealthy Shareholders, Not Workers, Benefit From Trump Tax Giveaway

Company to Bring Home $67B in Offshore Profits Under Discounted Rate and Get a $10 Billion Tax Break WASHINGTON, D.C.—Cisco Systems has just announced it will return to the U.S. $67 billion in offshore profits held in cash this quarter and spend much of the money on stock buybacks and increased dividends, and apparently spend […]

ATF Statement on President Trump’s 2019 Budget

STATEMENT FROM AMERICANS FOR TAX FAIRNESS EXECUTIVE DIRECTOR FRANK CLEMENTE: “Donald Trump has proposed a federal budget that steals from working families to pay for his massive $1.5 trillion tax cut that largely benefits the wealthy and big corporations. He’s taking away health care from seniors, food from families, college loans for the next generation, […]

Analysis: Koch Brothers Could Get Up To $1.4 Billion Tax Cut From Law They Helped Pass

A new analysis by Americans for Tax Fairness estimates that Charles Koch and David Koch and/or Koch Industries could save between $1 billion and $1.4 billion combined in income taxes each year from the Trump tax law―and that doesn’t even count how much the brothers might save in taxes on offshore profits or how much […]

Economists Agree: Trump-GOP Tax Plan Will Not Substantially Boost Economy

President Trump and Congressional Republicans claim their massive tax cuts for the wealthy and corporations will greatly increase economic growth, enough even to cover the plan’s $1.5 trillion cost (though they’ve recently been hedging this last claim). Economic experts from across the ideological spectrum strongly refute these claims, both on general principles and as they […]

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 […]