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John,
Immediately after demanding deep cuts to programs for working families in debt ceiling negotiations, House Republicans have now released their tax plan to hand billions of dollars in tax cuts to corporations and their wealthy owners.
Just one of these corporate tax breaks has already saved Verizon more than $5 billion over the first four years it was in effect, Google nearly $5 billion, and Facebook (Meta) almost $4 billion.[1]
Help bring our latest infographic to voters across the country and fight back against Republican attempts to make this corporate Trump tax scam giveaway permanent. Donate today!
Republicans’ goal is to slash taxes for the wealthy and corporations―and to do so on the backs of working families.
Kevin McCarthy has already called for creating a commission to further cut supports for working families. And Republicans want to pay for their corporate tax handouts by revoking green energy tax credits from last year’s Inflation Reduction Act, which are meant to speed the U.S. transition away from fossil fuels and toward renewable energy sources.
With Republicans preparing to act on their tax bill, rush a contribution today to bring our latest infographic to voters and show them how House Republicans are handing billions of dollars in tax breaks to corporations that are already paying far too little.
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Thank you for fighting back against attempts to further rig our tax system to benefit the rich and powerful at the expense of working people.
David Kass
Executive Director
Americans for Tax Fairness Action Fund
[1] “Twenty-Three Corporations Saved $50 Billion So Far Under Trump Tax Law’s ‘Bonus Depreciation’ that Many Lawmakers Want to Extend,” Institute on Taxation and Economic Policy, Nov. 10, 2022
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