John,

It’s official: This November’s election is coming down to Joe Biden vs. Donald Trump. Both have held the office of the presidency, and released official budget proposals.

Donald Trump called for cuts to Social Security, Medicare, and Medicaid in every single one of his budgets. On the campaign trail, he has repeated his desire to cut benefits for retirees and cut taxes for his billionaire donors.

Joe Biden’s budgets call for the opposite: He will make the super-rich pay what they owe in taxes and EXPAND Social Security and Medicare!

Take Action: Tell Congress to support President Biden’s budget!

In addition to calling for protecting and expanding Social Security, President Biden’s budget would:

Raise corporate tax rates to reverse the giant 2017 giveaway signed by the previous President, and ensure that billion-dollar corporations are paying their fair share;
Restore full funding to the IRS so they can go after wealthy tax cheats;
Put an end to capital income tax breaks and other breaks (like the carried interest loophole) for the very wealthy, to ensure that income derived from capital isn’t given preferential treatment -- and that finally, the very well-off will start paying something closer to their fair share of taxes.
Deliver very significant tax savings for working families through expansion of the Child Tax Credit and Earned Income Tax Credit
Quadruple the tax on corporate stock buybacks from 1% to 4% to slow down this Wall-Street-favoring practice that’s become all too common, and instead encourage corporations to invest in workers and productivity enhancements;
Eliminate unproductive, planet-destroying tax subsidies for oil, gas and fossil development at a time when oil companies are making obscene levels of profit and the catastrophic risks to our shared climate could not be any clearer.

Donald Trump didn’t release a budget this year―he’s too busy running from courtroom to courtroom fighting his felony charges. But his MAGA cronies in the House of Representatives did, and their budget proposal would create a commission designed to slash Social Security and Medicare behind closed doors.

Make no mistake: Social Security is on the ballot this November.

Sign now: Tell Congress to support President Biden’s budget!

Thank you,

Michael Phelan
Social Security Works

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