John,

As we celebrate the second anniversary of the Inflation Reduction Act this Friday, it's crucial to remember the impact of this groundbreaking legislation. The IRA's reforms are projected to raise nearly half a trillion dollars over their first decade. [1] This is money that can fund vital public services and investments in our communities.

The DNC's draft platform builds on this momentum, proposing bold measures like increasing the corporate tax rate from 21% to 28% and implementing a 25% Billionaire Minimum Income Tax. [2] These are exactly the kind of policies we need to create a fair tax system that works for all Americans, not just the wealthy few.

Will you add your voice to the growing chorus demanding tax fairness be a top priority at the DNC Convention? Sign the petition to Chair Jaime Harrison now.

The stakes couldn't be higher. While Democrats are pushing for tax fairness, Republicans are doubling down on their failed trickle-down economics. Their proposals to make the Trump tax cuts permanent would add a whopping $5 trillion to the national debt over the next decade [3].

We can't afford to go backward. The success of the IRA proves that progressive tax policies can work. The new Corporate Alternative Minimum Tax alone is projected to generate $222 billion over the next decade. Imagine what we could achieve if we build on this success.

By making tax fairness a central issue at the convention, Democrats can offer a clear alternative to the GOP's agenda of tax cuts for the rich. It's a winning message that resonates with voters across the political spectrum.

Let's seize this moment. Tell DNC Chair Jaime Harrison to fight against tax cuts for the rich and corporations and instead make them pay their fair share through bold progressive reforms. Make tax fairness a priority at the DNC Convention!

Together, we can build on the success of the IRA and create a tax system that truly works for all Americans.

Thank you for your continued commitment to tax justice,

Maura Quint
Campaign Director
Americans for Tax Fairness Action Fund

[1] Reviewing the Major Tax Reforms in the Inflation Reduction Act on Its Second Anniversary [2] DRAFT Democratic Party Platform
[3] CBO: Extending Trump Tax Cuts Will Cost Nearly $5 Trillion

-- David's email --

John,

This Friday marks the second anniversary of the Inflation Reduction Act (IRA), a landmark piece of legislation that took significant steps toward making our tax system fairer. The IRA introduced crucial reforms like imposing a minimum tax on billion-dollar corporations and creating a tax on wasteful stock buybacks.[1]

But our fight for tax justice is far from over. As we approach the Democratic National Convention, we have a golden opportunity to build on the IRA's success and push for even bolder action on tax fairness.

The DNC's draft platform already includes some great proposals, like making billionaires pay a minimum income tax rate of 25% and ending preferential treatment for capital gains for millionaires.[2] However, we need to ensure these commitments translate into concrete action.

That's why we're calling on DNC Chair Jaime Harrison to make tax fairness a top priority at the upcoming convention. We need a clear message that Democrats will fight against tax cuts for the rich and corporations, and instead make them pay their fair share through bold progressive reforms.

Tell DNC Chair Jaime Harrison: Make tax fairness a priority at the DNC Convention!

The IRA has already shown us what's possible when we prioritize tax fairness. The law’s corporate minimum tax is projected to raise $222 billion over the next decade and end the scandal of tax-free billion-dollar corporations. The stock buyback tax, initially expected to raise $74 billion, is now forecast to generate $107 billion by 2029.

But Republican efforts to undermine these gains are relentless. They're pushing to make the 2017 Trump tax cuts permanent, which would cost a staggering $5 trillion over the next decade.[3] We can't let this happen.

The DNC platform's proposals, including doubling the tax rate on foreign earnings of U.S. multinationals and eliminating fossil fuel subsidies, are a huge step in the right direction. But we need to ensure these commitments are front and center at the convention.

By making tax fairness a key issue, we can energize Americans and draw a clear contrast with the GOP's agenda of tax cuts for the wealthy and corporations.

Join us in calling on DNC Chair Jaime Harrison to prioritize tax fairness at the upcoming convention.

Together, we can build on the success of the IRA and create a truly fair tax system.

Thank you for taking action,

David Kass
Executive Director
Americans for Tax Fairness Action Fund

[1] Reviewing the Major Tax Reforms in the Inflation Reduction Act on Its Second Anniversary [2] DRAFT Democratic Party Platform  
[3] CBO: Extending Trump Tax Cuts Will Cost Nearly $5 Trillion