John,

The Trump administration is again considering handing the richest 1% another meaty tax cut at the expense of everyone else―and doing it without Congress’ approval.

Led by Sen. Ted Cruz (R-TX), 21 U.S. Senators are urging Trump’s Treasury Department to adopt a harmful proposal that would cost up to $200 billion and almost exclusively benefit the very richest Americans.

Read Frank’s email below and then join us in fighting back.

Donate to Americans for Tax Fairness today to stop Donald Trump and Ted Cruz’s plan to bypass Congress and hand hundreds of billions of dollars to the rich and powerful.

Together, we’re fighting Trump’s failed trickle-down policies and demanding an investment in working families, not wealthy real estate developers.

Thank you,

Craig Johnson
Digital Director
Americans for Tax Fairness

---------- Forwarded message ---------
From: Frank Clemente [email protected]>
Date: Fri, Aug 9, 2019 at 11:05 AM
Subject:

andrea,

If you thought the Trump-GOP tax scam was bad, this new proposal is just as infuriating (if not downright illegal).

Twenty-one senators, led by Sen. Ted Cruz (R-TX), are proposing that Trump’s Treasury Department hand the top 1% yet another massive tax break. And this time, they want to do it without congressional approval.

Ted Cruz is suggesting that the Trump administration bypass lawmakers and unilaterally index capital gains for inflation. This would benefit owners of corporate stock, real estate and other assets, and cost up to $200 billion over ten years.

In ATF’s recent memo to the media the headline declared: “Trump Tax Plan To Index Capital Gains Is Greedy, Costly, Fraudulent And Illegal.”[1]

Vanity Fair calls this “a move that would almost exclusively benefit the mega-rich.”[2]

We’re fighting back! We can’t allow yet another trickle-down policy to enrich Trump and his buddies at the expense of critical services for those in need.

Donate to Americans for Tax Fairness today to fight back against Donald Trump and Ted Cruz’s greedy, costly, fraudulent and illegal plan.

If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:

This is a proposal that Trump’s ultra-conservative National Economic Council chair, Larry Kudlow, has reportedly been pushing since his first day on the job. And, it gives Trump a chance to appeal to wealthy Republican donors who might otherwise be turned off by Trump’s vicious racism and hate.

How cruel can these people get? Trump wants to give the uber-wealthy a tax cut by indexing the capital gains tax rate to inflation. Meanwhile, he opposes raising the $7.25 an hour minimum wage from where it has been stuck since 2009 indexing it to account for future inflation.

Let’s remind the American people exactly who Trump is. Donate to Americans for Tax Fairness to rally working families against the Trump-Cruz plan to further enrich Trump’s buddies―without congressional approval.

Thank you for standing with us to demand an economy and a tax system that works for everyone, not just the wealthy few.

Frank Clemente
Executive Director
Americans for Tax Fairness

[1]“Trump Tax Plan To Index Capital Gains Is Greedy, Costly, Fraudulent And Illegal,” ATF Media Memo, Aug. 2, 2019
[2] “As Deficit Explodes, GOP Demands Emergency Tax Cut for the Rich,” Vanity Fair, July 29, 2019