John,

According to an Americans for Tax Fairness report issued earlier this year in partnership with the Institute for Policy Studies, 35 billion-dollar corporations in a recent five-year span paid their top executives more than they paid in federal income taxes. They were able to pay so little in taxes largely thanks to the 2017 Trump-GOP tax law, which cut the corporate tax rate by two-fifths (from 35% to 21%).

Now that portions of the Trump-GOP tax law are expiring next year, those same corporations are busy lobbying Congress to make those expiring tax cuts permanent and preserve their super low tax rate.

Senators Elizabeth Warren and Sheldon Whitehouse, and Representative Greg Casar, have sent a letter to each of these 35 corporations demanding to know how much they are spending to lobby members of Congress to keep their massive tax cuts.

Their letter asks critical questions:

• How much did each company pay in federal income taxes from 2018-2023?

• How much would they have paid without the Trump tax cuts?

• How much are they spending on lobbying to extend these tax breaks?

• Have shareholders been informed of these lobbying expenditures?

• Have the company boards approved this lobbying spending?

Add your name as a grassroots co-signer of the Warren-Whitehouse-Casar letter demanding transparency on how much corporations are spending to lobby for a renewal of the Trump tax cuts.

Together, we’re fighting for an economy and a tax code where large, profitable corporations pay their fair share in taxes and invest in working people, not corporate executives.

Thank you,

John Foti
Legislative Director
Americans for Tax Fairness Action Fund

-- David's email --

John,

Our shocking report issued earlier this year with the Institute for Policy Studies revealed that 35 major U.S. corporations―including household names like Ford, Netflix, and Tesla―paid less in federal income taxes between 2018 and 2022 than they paid their top five executives.[1]

These corporate giants raked in $277 billion in domestic profits over five years, yet paid an average effective tax rate of just 2.8%―just a fraction of the statutory 21% rate. Meanwhile, they lavished their executives with over $15 billion in compensation.

Now, as key provisions of the Trump tax cuts are set to expire next year, these same corporations are gearing up to lobby Congress for even more tax breaks.

Senators Elizabeth Warren and Sheldon Whitehouse, along with Representative Greg Casar, are demanding answers. They've sent letters to these 35 companies asking exactly how much they're spending to influence our tax laws.[2] We need your voice to amplify this investigation.

Will you add your name as a grassroots co-signer of the Warren-Whitehouse-Casar letter demanding transparency from corporate tax dodgers?

This brazen corporate greed comes at a steep cost to working families. Every dollar these companies avoid in taxes is a dollar that can't be invested in healthcare, education, infrastructure, and other vital public services.

Some of the worst offenders include:

• Tesla: $4.4 billion in profits, $0 in federal taxes, $2.5 billion in executive pay

• T-Mobile: $17.9 billion in profits, $80 million in tax refunds, $675 million in executive pay

• Netflix: $15.1 billion in profits, $236 million in taxes (1.6% rate), $652 million in executive pay

With the 2025 tax fight on the horizon, the stakes couldn't be higher. Republicans are already pushing to make the Trump tax cuts permanent, which would add trillions to the federal debt while further enriching corporations and the ultra-wealthy. We need to know exactly how much these billion-dollar corporations are spending to lobby for their obscene tax cuts.

Your voice is crucial in this fight as we work to send a powerful message that the American people demand tax fairness and corporate accountability.

Demand answers from corporate tax dodgers and help protect our democracy from a corporate takeover by becoming a grassroots co-signer of the Warren-Whitehouse- Casar letter calling for transparency on corporate lobbying for tax cuts.

Thank you for working to counter corporate influence and fight for a tax system that works for all Americans.

David Kass
Executive Director
Americans for Tax Fairness Action Fund

[1] More for Them, Less for Us: Corporations that Pay Their Executives More Than Uncle Sam
[2] Warren, Whitehouse, Casar, Lawmakers Slam 35 Companies for Paying Their Executives More Than They Pay in Federal Income Taxes