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John,
During his first term in office, Donald Trump passed a tax plan that added trillions of dollars to the federal debt by handing windfall tax breaks to the rich and corporations.
Now, he’s out with a new tax plan. Just look at this chart from the nonpartisan Institute on Taxation and Economic Policy:[1]
And here’s how the New York Times describes Trump’s tax and economic plans:
But if you turn on cable news, there has been zero reporting on this nonpartisan analysis of how Trump’s tax and economic policies will impact working people.
Add your name to demand that CNN, Fox News, MSNBC, and other cable news networks provide in-depth coverage of nationally proposed tax plans, and how they will affect working people and the richest 1%.
Thank you for taking action today,
Maura Quint
Campaign Director
Americans for Tax Fairness Action Fund
[1] A Distributional Analysis of Donald Trump's Tax Plan, Institute on Taxation and Economic Policy
-- David's email --
John,
A bombshell new report from the Institute on Taxation and Economic Policy (ITEP) has exposed the staggering inequality baked into Donald Trump's proposed tax policies.
The nonpartisan ITEP study found that Trump's tax plan would, on average, raise taxes on 95% of Americans while delivering massive windfalls to the wealthiest.[1] Specifically:
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The poorest 20% would see an average tax hike of $790
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The middle 20% would face a $1,530 average tax increase
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The richest 1% would enjoy a $36,320 tax cut
Just as alarming, the study reveals that Trump's proposed 20% tariff on imports (60% on Chinese goods) would function as a highly regressive national sales tax, costing the poorest families nearly 6% of their income while the rich would pay just 1.4%.
The American people deserve to know how Trump’s policies would impact their wallets and our economy. Yet, cable news networks are largely failing to cover this critical analysis with the urgency and depth it demands.
We can't let this vital information be buried. Join us in demanding CNN, Fox News, MSNBC, and other major cable news outlets give this bombshell report the coverage it deserves.
Trump's tax plan would dramatically reshape our economy in favor of the wealthy and large corporations. It could add a staggering $15 trillion to the federal debt over the next decade.[2] His reckless economic agenda puts America’s fiscal future at risk, threatening inflation, higher interest rates, slower growth, and higher costs for future generations.
The bottom line is we need in-depth reporting on how Trump’s policies are designed to benefit the wealthy while leaving middle and working-class families struggling under the weight of higher prices and more debt.
Call on cable news networks to cover this explosive tax analysis and educate the public on its findings.
Together, we can ensure voters have the facts about how these tax proposals would affect their families and our economy. Thank you for taking action on this critical issue.
David Kass
Executive Director
Americans for Tax Fairness Action Fund
[1] A Distributional Analysis of Donald Trump's Tax Plan, Institute on Taxation and Economic Policy
[2] Trump's Plans Could Increase U.S. Debt While Raising Costs for Most Americans
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