192 Search Results for corporate taxes

Compiled by Americans for Tax Fairness Source for all platform language is here: http://www.presidency.ucsb.edu/platforms.php Note: These are noteworthy excerpts of discussions about tax issues from past Democratic platforms. The excerpts are not comprehensive; often there are brief mentions of tax issues throughout a lengthy platform document. 2012 Note: there are many references in the platform […]

Please find the resources below for your convenience. Note that this is a private page that is not intended to be public. UPDATE: Older documents have been privately archived from our public-facing website. If you are looking for content previously linked here, please contact Andrea or Zack for access to the archive. Table of Contents […]

A recent report published by the Joint Committee on Taxation (JCT) is being touted by Congressional Republicans as proof that the ultra-wealthy pay their fair share in taxes, but nothing could be further from the truth. This study says that in 2019 the top 0.01% of highest-income earners—roughly 16,000 taxpayers—paid a cumulative effective federal tax […]

Senate Finance Committee ranking member Mike Crapo (R-ID) recently published an op-ed challenging the stance of Democratic presidential candidate Kamala Harris on the expiring parts of the 2017 Trump-GOP tax law. It contained many errors and misleading statements both about Harris’s position on the law and about the law itself. ATF here sets straight some […]

Cheer on Speakers Who Denounce GOP Law That Heavily Favors the Wealthy Grassroots tax-fairness activists from communities all around America gathered at a press conference on Capitol Hill to show their opposition to extending the Trump tax law for the wealthy. The rally highlighted a two-day citizen lobbying push by members of Fair Share America […]

CBO: Top 1% Averaged $3.1M of Income–42 Times That of the Bottom 90% Income inequality reached a sobering new high in 2021, with the top 1% of households reporting on average $3.1 million of income–a 31% increase from the year prior, and 42 times more income than the average household in the bottom 90%, according […]

Read the full report here. Introduction The racial wealth gap in the United States is the result of over a century of policy decisions that have favored white taxpayers, millionaires, and corporations. In light of our nation’s history on many other government services, functions, and responsibilities – including redlining, denied access to our democracy, a […]

Americans for Tax Fairness fights for a fair tax system that advances racial justice, gender justice, and economic justice for all Americans. ATF supports tax policies that require the wealthy and corporations to pay their fair share in taxes to support an equitable and thriving economy that works for everyone. ATF opposes tax cuts for […]

One of the biggest accomplishments of the Biden-Harris administration was enactment of the Inflation Reduction Act (IRA), signed into law on August 16, 2022. The IRA introduced some of the most significantly positive reforms to tax policy and tax administration in recent American history. These included imposing a minimum corporate tax on the nation’s biggest […]

Raise the Corporate Tax Rate to 28%: $1.35 trillion (over 10 years) The Trump-GOP tax law slashed the corporate tax rate from 35% to 21%, the lowest rate in decades. For every percentage point increase in the corporate tax rate, Congress can raise $130 billion in new revenue. ATF’s position is that the corporate rate […]