“As Republicans in Congress take up President Donald Trump's tax reform push, a coalition of liberal groups are seeking to make an example out of one swing-district Republican by targeting him with six-figures worth of television ads blasting the effort as a giveaway to the rich.”
Not One Penny in Tax Cuts for Millionaires, Billionaires, and Wealthy Corporations
In late September, Donald Trump released a tax plan that would give away massive tax cuts to the rich, including over one billion dollars in tax cuts for Trump himself. The last thing we need is for the tax code to be even more rigged in favor of millionaires, billionaires, and corporate insiders. Instead, we need to fight for a tax code that makes the economy work better for working families. Even more tax breaks for the super rich will undermine our commitment to Social Security, Medicare, and Medicaid, and make it impossible to invest in the middle class.
78% The percentage of Trump's proposed tax cuts that would go to those earning more than $1 million.
$230,000 The average annual tax cut millionaires would receive under Trump's proposal.
84% The percentage of Americans who favor raising taxes on the mega rich.
67% The percentage of Americans who believe corporations pay too little in taxes.
What the Press Is Saying
“WASHINGTON — Republicans’ release of a sweeping plan to rewrite the tax code has set off a scramble among Washington lobbyists and trade groups to protect valuable tax breaks and other long-ingrained provisions.”
“The Senate Finance Committee's top Democrat on Wednesday blasted the just-released Republican tax plan framework as “a scheme” to enrich the wealthy. Sen. Ron Wyden (Ore.), ranking Democrat on the Senate panel covering taxes, said the GOP tax framework “cuts taxes disproportionately for the well-to-do” while masquerading as a boon for the middle class.”