John,
The response to our alert about Trump's dangerous tax policies has been overwhelming. But with less than 4 months until the election, we need to double down on our efforts.
Inflation could soar back to levels not seen since 2022, eroding the purchasing power of American families. Trump's proposed 10% tariff on imports would act like a tax hike on consumers, driving up prices on everything from food to electronics.[1]
The federal debt could balloon by $5 trillion under Trump's tax plan. And conservatives in Congress and on Wall Street will use these deficits to call for cuts to crucial programs like Social Security and Medicare. This massive increase in debt could lead to higher interest rates, making it harder for families to buy homes or for small businesses to get loans.
But there's hope. President Biden's economic policies offer a different path―one that invests in American workers and ensures corporations pay their fair share in taxes. This approach not only helps keep inflation in check but also supports sustainable economic growth that benefits all Americans, not just the wealthy few.
We need your help to get this crucial information to voters before it's too late. Can you make a donation of $5 today to amplify our message?
This isn't just about policy debates―it's about the real impact on American families. It's about whether workers will see their wages rise or stagnate, whether small businesses will thrive or struggle, and whether the next generation will inherit a stable economy or will still be paying the price of Trump’s policies generations from now.
That’s why Sixteen Nobel prize-winning economists didn’t mince words in their agreement that Joe Biden's economic agenda is significantly more stable and beneficial for the economy than Donald Trump's.
The stakes couldn't be higher for American workers and families and with less than 4 months until Election Day, we need your help now.
Let's remind voters that our economic future is on the ballot. Please make a donation right now to help us remind voters about the real impact these tax policies have on our everyday lives.
Thank you for your continued support in this crucial fight,
Maura Quint
Campaign Director
Americans for Tax Fairness Action Fund
[1] 16 Nobel economists see a Trump inflation bomb
-- David's email --
John,
With less than 4 months until the election, we're facing a critical moment for our economy. Sixteen Nobel prize-winning economists have just sounded the alarm: Donald Trump's economic plans would "reignite inflation and cause lasting harm to the global economy" if he wins in November.[1]
Donald Trump's plan would add a staggering $5 trillion to the federal deficit, potentially sparking a new wave of inflation that could devastate family budgets. His proposed 10% tariff on all imports would hit American consumers hard, driving up prices on everyday items from groceries to clothing.
President Biden's policies focus on investing in working families and ensuring corporations pay their fair share in taxes. This approach supports sustainable growth and helps keep inflation in check.
We have less than 4 months to remind voters how tax policy directly impacts their lives―from the wages in their paychecks to the prices they pay at the grocery store. But we can't do it without you.
Will you donate $5 or more today to help us remind voters about the real impact these tax policies have on their everyday lives?
The consequences of Donald Trump’s policy choices would be far-reaching. According to a recent analysis by Moody's Analytics, under Trump's policies, by 2028:
-
Real GDP growth would be 1.3% lower than under current policies. That's billions of dollars in lost economic activity that could have supported American jobs and businesses.
-
3.2 million fewer jobs would be created, leaving hardworking Americans struggling to find employment opportunities.
-
The average household would see $2,000 less in real after-tax income. That's money taken directly out of the pockets of working families.
This is about the financial security of millions of American families and whether parents can afford childcare, young people can buy their first homes, and seniors can retire with dignity.
With your support, we're mobilizing a nationwide movement to expose the truth about Trump’s dangerous tax proposals. Donate $5 or more now to help us fight for an economy and a tax system that works for all of us, not just the wealthy few.
Together, we’re rallying the American people around policies that put working people first. But we're running out of time. Your support today will make all the difference in this crucial fight.
Thank you for standing with us,
David Kass
Executive Director
Americans for Tax Fairness Action Fund
[1] 16 Nobel economists see a Trump inflation bomb
[2] Assessing the Macroeconomic Consequences of Biden vs. Trump
|