From Citizens for Tax Justice <[email protected]>
Subject House GOP plans massive handout to the ultra-wealthy and major corporations
Date July 10, 2023 2:43 PM
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Stop the GOP push to cut taxes for corporations and the wealthy

Hi ,

For months, Republicans held our nation=E2=80=99s economy hostage over thei=
r demands for caps and cuts to public services for working families=E2=80=
=95all under the guise of deficit reduction.

But it took them less than a week to introduce and pass out of committee a =
tax package that hands billions of dollars in tax breaks to private equity =
firms, billion-dollar corporations, the richest 1%, and foreign investors.

One measure Congressional Republicans are working to extend is a tax break =
that allowed dozens of major U.S. corporations=E2=80=94including Amazon, Go=
ogle, and Verizon=E2=80=94to collectively save nearly $67 billion since 201=
8.

The Institute on Taxation and Economic Policy finds that this tax package w=
ould provide the poorest fifth of Americans with an average tax cut of just=
$40 next year while the richest 1% would get an average tax cut of $16,550=
.

Overall, this tax package will cost trillions of dollars in lost revenue th=
at could be spent on a number of priorities our nation needs. Over and over=
again, Republicans feign concern over our country=E2=80=99s debt only to t=
urn around and pass tax bills that benefit the ultra-wealthy and billion-do=
llar corporations at the expense of working families.

But you can help push back against this dangerous plan. Send a message to y=
our lawmaker today and demand they vote NO against another massive handout =
to the ultra-wealthy and major corporations.


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<tbody>
<tr style=3D"padding: 0; vertical-align: top; text-align: left=
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<th class=3D"columns small-12 large-12 first last default" st=
yle=3D"word-wrap: break-word; vertical-align: top; color: #3c4144; font-fam=
ily: arial,helvetica,sans-serif; font-weight: 400; padding: 0; text-align: =
left; font-size: 12pt; line-height: 1.5; margin: 0 auto; Margin: 0 auto; wo=
rd-break: break-word; width: 564px; padding-left: 24px; padding-right: 24px=
; border-collapse: collapse; padding-top: 24px; padding-bottom: 24px;"><h1 =
class=3D"align-center" style=3D"padding: 0; margin: 0; Margin: 0; line-heig=
ht: 130%; color: inherit; word-wrap: normal; font-family: arial,helvetica,s=
ans-serif; font-weight: 400; margin-bottom: 10px; Margin-bottom: 10px; font=
-size: 34px; text-align: center;"><strong><span style=3D"color: #236fa1;">S=
top the GOP push to cut taxes for corporations and the wealthy</span></stro=
ng></h1> <p style=3D"color: #3c4144; font-family: arial,helvetica,sans-seri=
f; font-weight: 400; padding: 0; margin: 0; Margin: 0; text-align: left; fo=
nt-size: 12pt; line-height: 1.5; margin-bottom: 10px; Margin-bottom: 10px;"=
>Hi ,</p> <p style=3D"color: #3c4144; font-family: arial,helvetica,sans-ser=
if; font-weight: 400; padding: 0; margin: 0; Margin: 0; text-align: left; f=
ont-size: 12pt; line-height: 1.5; margin-bottom: 10px; Margin-bottom: 10px;=
">For months, Republicans held our nation=E2=80=99s economy hostage over th=
eir demands for caps and cuts to public services for working families=E2=80=
=95all under the guise of deficit reduction.</p> <p style=3D"color: #3c4144=
; font-family: arial,helvetica,sans-serif; font-weight: 400; padding: 0; ma=
rgin: 0; Margin: 0; text-align: left; font-size: 12pt; line-height: 1.5; ma=
rgin-bottom: 10px; Margin-bottom: 10px;">But it took them less than a week =
to introduce and pass out of committee a tax package that&nbsp;<strong>hand=
s billions of dollars in tax breaks to private equity firms, billion-dollar=
corporations, the richest 1%, and foreign investors</strong>.</p> <p style=
=3D"color: #3c4144; font-family: arial,helvetica,sans-serif; font-weight: 4=
00; padding: 0; margin: 0; Margin: 0; text-align: left; font-size: 12pt; li=
ne-height: 1.5; margin-bottom: 10px; Margin-bottom: 10px;">One measure Cong=
ressional Republicans are working to extend is a tax break that allowed doz=
ens of major U.S. corporations=E2=80=94including Amazon, Google, and Verizo=
n=E2=80=94to collectively save&nbsp;<a href=3D"[link removed]
mails/tracking/click-link/4SBBAR90TxrDsajhTDZoQjZ5iVsavFc_sNKm5w77IEU=3D/ty=
I_5mxprLISlOnQLOh9doli7SpL_O1pdl_DQvVEtJw=3D" target=3D"_blank" rel=3D"noop=
ener" data-saferedirecturl=3D"[link removed]
rg/corporations-reap-billions-in-tax-breaks-under-bonus-depreciation/&amp;s=
ource=3Dgmail&amp;ust=3D1689084178492000&amp;usg=3DAOvVaw0qZRRh-QP0wx52wRWg=
XTy2" style=3D"color: #0074d9; text-decoration: none; font-family: arial,he=
lvetica,sans-serif; font-weight: inherit; padding: 0; text-align: left; lin=
e-height: 1.5;">nearly $67 billion since 2018</a>.</p> <p style=3D"color: #=
3c4144; font-family: arial,helvetica,sans-serif; font-weight: 400; padding:=
0; margin: 0; Margin: 0; text-align: left; font-size: 12pt; line-height: 1=
.5; margin-bottom: 10px; Margin-bottom: 10px;">The Institute on Taxation an=
d Economic Policy finds that <strong>this tax package would provide the poo=
rest fifth of Americans with an&nbsp;<a href=3D"[link removed]
emails/tracking/click-link/4SBBAR90TxrDsajhTDZoQjZ5iVsavFc_sNKm5w77IEU=3D/t=
yI_5mxprLISlOnQLOh9dududBGJcY4mt6CioVRlF_w=3D" target=3D"_blank" rel=3D"noo=
pener" data-saferedirecturl=3D"[link removed]
org/gop-tax-bills-expand-corporate-tax-breaks/&amp;source=3Dgmail&amp;ust=
=3D1689084178492000&amp;usg=3DAOvVaw3z_UIITcI_-nlOqmyZ6XOo" style=3D"color:=
#0074d9; text-decoration: none; font-family: arial,helvetica,sans-serif; f=
ont-weight: inherit; padding: 0; text-align: left; line-height: 1.5;">avera=
ge tax cut of just $40</a>&nbsp;next year while&nbsp;the richest 1% would g=
et an average tax cut of $16,550</strong>.</p> <p style=3D"color: #3c4144; =
font-family: arial,helvetica,sans-serif; font-weight: 400; padding: 0; marg=
in: 0; Margin: 0; text-align: left; font-size: 12pt; line-height: 1.5; marg=
in-bottom: 10px; Margin-bottom: 10px;">Overall, this tax package will&nbsp;=
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If you're having trouble viewing this email, you can see it online, [link removed].
Stop the GOP push to cut taxes for corporations and the wealthy

Hi ,

For months, Republicans held our nation’s economy hostage over their demands for caps and cuts to public services for working families―all under the guise of deficit reduction.

But it took them less than a week to introduce and pass out of committee a tax package that hands billions of dollars in tax breaks to private equity firms, billion-dollar corporations, the richest 1%, and foreign investors.

One measure Congressional Republicans are working to extend is a tax break that allowed dozens of major U.S. corporations—including Amazon, Google, and Verizon—to collectively save nearly $67 billion since 2018.

The Institute on Taxation and Economic Policy finds that this tax package would provide the poorest fifth of Americans with an average tax cut of just $40 next year while the richest 1% would get an average tax cut of $16,550.

Overall, this tax package will cost trillions of dollars in lost revenue that could be spent on a number of priorities our nation needs. Over and over again, Republicans feign concern over our country’s debt only to turn around and pass tax bills that benefit the ultra-wealthy and billion-dollar corporations at the expense of working families.

But you can help push back against this dangerous plan. Send a message to your lawmaker today and demand they vote NO against another massive handout to the ultra-wealthy and major corporations.


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