John,
Trump’s economic policies will make everyday goods more expensive as he gives corporations cover to continue raising prices. This is a boon to billionaires and corporate executives as these policies are meant to pay for more tax cuts for the rich on the backs of working families.[1]
This is how economic power is consolidated. In 2017, Trump passed massive tax breaks for billionaires and corporations. Now, rather than making them contribute their fair share, he is eyeing even deeper tax breaks for the ultra-wealthy. Meanwhile, the costs of food, electronics, and household goods will climb for working people.
While this upward transfer of wealth and power unfolds, Trump’s budget office has attempted to freeze federal funding. That means cutting off already-approved funding for education, infrastructure, economic relief, and more―leaving the legally intended recipients of that funding in the dark and out in the cold.[2]
The strategy is clear: increase costs for working people and cut federal funding for public services to pay for even more tax breaks for the rich.
Tell Congress to reject this massive upward transfer of wealth from working people to billionaires and corporations.
For years, billionaires have used their wealth to shape government policy in their favor. Now, with Elon Musk gaining access to a crucial Treasury Department payment system, that influence is turning into direct control. The implications of this are staggering.[3]
Giving rogue billionaires direct control over our national finances allows them to further enrich themselves while risking an economic crisis. This is not just an economic issue, it’s a threat to democracy itself.
This surrender of national financial sovereignty to billionaire cronies will entrench financial power at the very top while working people are left to pay the price. Congress must act before the damage becomes irreversible.
Tell Congress to act before it’s too late and reject this massive upward transfer of wealth and power.
Together, we will not stop fighting for an economy that works for everyone, not just the wealthy few.
John Foti
Legislative Director
Americans for Tax Fairness Action Fund
[1] From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers
[2] Federal funding freeze risks throwing the U.S. economy into chaos
[3] Giving Elon Musk’s DOGE access to the Treasury payment system risks a U.S. debt default and global financial crisis, senator warns
-- David's email --
John,
Trump’s economic policies are giving corporations cover to push prices of everyday items like food and electronics even higher, so he can pay for special tax breaks for millionaires, billionaires, and corporations.[1]
He and his GOP allies in Congress want to permanently extend expiring parts of their 2017 tax law―extensions that will mostly benefit the rich―and make working people foot the bill.
While Trump’s policies are already threatening the pocketbooks of working people, he’s giving Elon Musk access to a crucial Treasury Department payment system, and with it the keys to everything from Social Security payments to IRS tax refunds.[2] One of the richest men in the world who has spent years avoiding taxes is now positioning himself to profit even further from the workings of government. The implications of this kind of unchecked corporate and billionaire influence over the federal government are enormous.
At the same time, Trump’s Office of Management and Budget is attempting to freeze virtually all federal spending, from school meals and Head Start for kids to nutrition programs for the elderly to economic development for working people.[3] This is what a massive, upward redistribution of wealth looks like: cutting services for working people and raising prices on everyday goods, all to pay for more tax cuts for the wealthy.
Congress must act now. Send a message to your senators and representative demanding they reject this massive upward transfer of wealth.
During the first Trump administration, he enacted policies that put the wealthy and corporations first. The same playbook is being used again—except this time, billionaires are gaining even more direct control over public finances.
The wealthiest man in history and his Silicon Valley allies are currently overriding Congress’ power of the purse, gaining control over how our government pays its bills and which fiscal obligations the country chooses to pay.
Congress must intervene before this crisis escalates. Tell them to reject a massive upward transfer of wealth through reduced services and higher prices on working people; and the unconstitutional hoarding of our tax dollars to pay for even more tax cuts for the rich.
Thank you for taking action,
David Kass
Executive Director
Americans for Tax Fairness Action Fund
[1] From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers
[2] Giving Elon Musk’s DOGE access to the Treasury payment system risks a U.S. debt default and global financial crisis, senator warns
[3] Federal funding freeze risks throwing the U.S. economy into chaos
