“A new progressive coalition, the Not One Penny campaign, is launching today to build opposition to any Republican tax reform plan that lowers rates on corporations or the very wealthy.”
Not One Penny in Tax Cuts for Millionaires, Billionaires, and Wealthy Corporations
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.
Why the Rich Don’t Need Tax Cuts
40% The percentage of Trump’s proposed tax cuts that would go to the wealthiest 1 percent.
$264,000 The average annual tax cut millionaires would get under Trump's plan.
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
“A group of progressive organizations announced Thursday that they are launching a campaign to oppose tax cuts for wealthy individuals and corporations, as Republicans turn their focus to tax reform following the Senate's failure to pass healthcare legislation.”