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John,
As Project 2025 continues to evade major media coverage, economic experts are sounding the alarm about its potentially devastating impact on our economy.
A recent study has shed new light on the true cost of tax cuts like those proposed in Project 2025. Their research on the 2017 Trump-GOP tax scam reveals that while these cuts spurred modest investment, they came at an enormous cost―handing massive tax cuts to the rich and corporations while ballooning our national debt.[1]
Now, Project 2025 threatens to double down on Trump’s failed tax scam. It's not just more of the same―it's a supercharged version of trickle-down economics that could push our economy to the brink.
The Joint Committee on Taxation and the Congressional Budget Office estimate that extending and expanding these tax cuts, as Project 2025 proposes, would increase the national debt by a staggering $4 trillion by 2028.[2]
Yet, despite the scale of this economic threat, major news networks remain silent. The American people are being kept in the dark about a plan that could fundamentally reshape our economy for the benefit of the ultra-wealthy.
We can't allow this media blackout to continue. It's time to demand that CNN, Fox News, ABC, CBS, and NBC give Project 2025 the coverage it deserves.
Project 2025 isn't just a theoretical exercise. It's a blueprint for how Trump and his allies would govern if they regain power. We have to expose it now before it's too late. Click here to send a message demanding all major news networks expose Project 2025's dangerous right-wing tax scheme.
The details of Project 2025's tax plan are even more alarming when you look closely:
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It aims to slash the corporate tax rate to just 18%, cynically labeling it "the most damaging tax" in the country.[3] This massive cut would deprive our nation of billions in crucial revenue needed for public services and investments.
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For individual taxpayers, the plan proposes a drastic simplification: just two tax brackets, 15% and 30%. The higher rate would only apply to income above the Social Security Wage Base, meaning the two tax brackets could result in higher taxes on many middle-class families while giving huge tax breaks to the wealthy.[4]
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Project 2025 also seeks to impose a flat 15% tax on capital gains and dividends. Compare this to the Biden administration's proposed 45% rate for the wealthiest Americans, and it's clear who benefits most from this change.[5]
We can't let this radical plan fly under the radar any longer. The American people deserve to know how Project 2025 would reshape our economy and our tax system to favor the wealthy few at the expense of the many.
Don’t let the media ignore this story. Demand major news networks expose Project 2025's right-wing tax scheme.
Thank you for your commitment to building a fairer economy for all,
Maura Quint
Campaign Director
Americans for Tax Fairness Action Fund
[1] Tax Policy and Investment in a Global Economy
[2] Trump tax cut extensions keep getting more expensive: Analysis
[3] Mandate for Leadership: The Conservative Promise
[4] Your Guide to Tax Policy in Project 2025
[5] What a second Trump presidency could bring
-- David's email --
John,
With the 2024 election on the horizon, Trump allies have quietly unveiled Project 2025―a radical plan that threatens to reshape our tax system in favor of the ultra-wealthy and big corporations.
At the heart of Project 2025 is a full-scale overhaul of our tax code that would make the Trump tax cuts look modest by comparison. The plan calls for slashing the corporate tax rate even further to a mere 18%, cynically labeling it "the most damaging tax" in the country.[1] This isn't just a minor adjustment―it's a massive giveaway to big business that would cost us billions in lost revenue for crucial public services and investments.
But the assault on fair taxation doesn't stop there. Project 2025 proposes a flat 15% tax on capital gains and dividends, compared to the 45% rate proposed by the Biden administration for the wealthiest Americans.[2] This change would overwhelmingly benefit the top 1%, further widening the already yawning wealth gap in our country.
Despite its far-reaching implications, major news networks have largely ignored this looming threat to our economic future.
We have a responsibility to expose this plan before it's too late. That's why we're calling on the CEOs of major news networks to shine a spotlight on Project 2025 and its dangerous tax proposals.
Take action and send a message to the CEOs of CNN, Fox News, ABC, CBS, and NBC urging each to expose Project 2025's right-wing tax scheme.
For individual taxpayers, the plan is equally alarming. It would reduce income taxes to just two brackets—15% and 30%. The reality is that it could raise taxes on many middle-class families while handing huge tax breaks to the rich.[3] It's a classic bait-and-switch that would leave working Americans footing the bill for tax cuts for the wealthy.
Perhaps most disturbingly, Project 2025 doesn't just want to push through these regressive changes—it wants to make them permanent. The plan calls for requiring a three-fifths vote to raise taxes in the future, a likely unconstitutional power grab designed to lock in these tax cuts for generations.
The consequences of these proposals cannot be overstated. According to the Congressional Budget Office, extending these Trump-era tax cuts could increase the national debt by a staggering $4 trillion by 2028.[4] And because Republicans repeatedly point to the debt as an excuse to call for cuts to critical programs, this ticking time bomb threatens the future of Social Security, Medicare, Medicaid, and more.
This is about the future of our economy and who it works for. We can't let the ultra-wealthy and big corporations rig the system even further in their favor. With your help, we can sound the alarm and stop this plan in its tracks.
Send a message now to demand the CEOs of CNN, Fox News, ABC, CBS, and NBC expose Project 2025's right-wing tax scheme.
Thank you for taking action,
David Kass
Executive Director
Americans for Tax Fairness Action Fund
[1] Mandate for Leadership: The Conservative Promise
[2] Your Guide to Tax Policy in Project 2025
[3] What a second Trump presidency could bring
[4] Trump tax cut extensions keep getting more expensive: Analysis
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