Media

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 […]

Questions about How Apple’s Spending Its Tax Savings Ahead of Earnings Call Tomorrow

BIG PAYOUTS TO INVESTORS, “NEW INVESTMENTS” NOT LINKED TO TAX PLAN Washington, D.C.—Tomorrow, Tuesday, May 1, Apple will hold its quarterly earnings report and this presents an opportunity to ask the company whether it will invest more of its tax savings in its workers.  According to a new website launched by Americans for Tax Fairness, […]

Questions About How Merck & Gilead Sciences are Spending Their Tax Savings Ahead of Earnings Calls Tomorrow

Tax Savings Are Enriching Wealthy Shareholders, Not Raising Wages or Lowering Prices Washington, D.C. – Tomorrow, Tuesday, May 1, Merck and Gilead Sciences will hold quarterly earnings calls, and this presents an opportunity to ask, “how much of your tax savings are being shared with your workers or reducing the costs of prescription drugs for patients?” […]

Bad Medicine: How GOP Tax Cuts Are Enriching Drug Companies, Leaving Workers & Patients Behind

View the Full Report in PDF here. INTRODUCTION & KEY FINDINGS America’s 10 biggest prescription-drug corporations—the Pharma Big 10—are among the biggest winners from the Trump-GOP tax cuts but they are sharing few of the benefits with their employees and are offering no pricing relief to their customers. Instead, they are mostly rewarding their CEOs […]

Will Verizon Answer for Shortchanging Workers When It Comes to Sharing Its Tax Cut Windfall?

Washington, D.C.–On Tuesday, April 24, Verizon held its quarterly earnings report. Will the telecom giant answer as to why more of its estimated $2.4 billion 2018 tax cut is not being shared with employees or creating jobs? According to a new website launched by American’s for Tax Fairness, which tracks what corporations are doing with […]

Will Anthem Answer for Shortchanging Workers When It Comes to Sharing Its Tax Cut Windfall?

Washington, D.C.–On Wednesday, April 25, Anthem will hold its quarterly earnings report. Will the telecom giant answer as to why more of its estimated $520 million 2018 tax cut is not being directed to employees or to create jobs for American workers? According to a new website launched by American’s for Tax Fairness, which tracks […]

Wells Fargo Annual Shareholder Meeting: Will Company Answer for Failing to Direct Tax Windfall Towards Jobs or Workers?

Washington, D.C. – On Tuesday, April 24, Wells Fargo will hold its annual shareholders meeting, in addition to answering questions about the $1 billion federal fine for mortgage and auto lending abuses, the bank should also have to answer why it is not sharing more of its estimated $3.7 billion annual Trump-GOP tax cut windfall with […]

Indiana Public Radio: National Nonprofit Report Raises Concerns Over Trump Tax Reform Impact On Hoosiers

This article appeared on Indiana Public Radio. Samantha Horton wrote: President Donald Trump’s recent budget proposal includes making cuts to infrastructure, education, affordable housing and healthcare, leading one watchdog group to speak out in concern about the potential impact those cuts could have. Last December, President Trump signed the GOP tax bill, giving breaks to […]

News-Press: Republicans, tax law stick it to working families

This article appeared in News-Press. Frank Clemente, ATF Executive Director wrote: Working families are, as usual, getting the short end of the stick from the new Trump-GOP tax law. Huge tax cuts that mostly go to the wealthy and corporations are exploding the national debt, and threaten deep cuts to essential public services like Social […]