John,
A bombshell report from the Center for American Progress has exposed the true cost of Project 2025's corporate tax giveaway. This far-right Republican scheme would hand $24 billion in tax cuts to America's 100 largest corporations while raising taxes on middle-class families.[1]
The scale of this corporate handout is staggering:
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Big Oil companies would receive $1.3 billion in tax cuts, even as they rake in record profits.
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Big Pharma corporations would pocket $1.6 billion, while Americans struggle to afford life-saving medications.
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Wall Street banks, which crashed our economy in 2008, would get a $2.1 billion windfall.
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Even Big Grocery chains would cash in with $800 million in tax cuts, all while food prices remain too high.
We can't let this happen. Congress needs to hear from you that these corporate tax giveaways are unacceptable. These billion-dollar corporations should be paying more in taxes, not less.
Tell Congress: Reject Project 2025's corporate tax handouts. Demand that big businesses pay their fair share.
But wait—it gets worse! Even as corporations like ExxonMobil, Pfizer, and JPMorgan Chase would be getting massive tax breaks, Project 2025 would raise taxes on the median family of four by $3,000 a year.
Project 2025 also calls for replacing our current tax system with a regressive consumption tax—essentially a national sales tax—that could reach as high as 45% and would tax items normally not included in sales taxes, such as groceries and new home purchases.
This plan would cause a massive spike in prices for everyday goods and services, hitting working families hardest.
This isn’t just a one-time tax cut for the rich. This plan is designed to permanently tilt the tax system even further in favor of the wealthy and corporate elites. Under Project 2025, 45,000 households making more than $10 million annually would see their taxes slashed by an average of $2 million.
This rigged system isn’t happening by accident: corporate lobbyists are working overtime to turn Project 2025's extremist vision into reality. We need your voice to stop them.
Help us send a powerful message to Congress: No more tax cuts for corporate America. It's time for big business to pay its fair share.
Together, we can create a tax code that holds corporate America accountable.
Thank you for taking action,
David Kass
Executive Director
Americans for Tax Fairness Action Fund
[1] Project 2025’s Tax Plan Would Raise Taxes on the Middle Class and Cut Taxes for the Wealthy
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