John,

The House Ways & Means Committee has voted their tax scam out of committee and it's headed to the floor for a full House vote next week. Time is running out to stop this corporate and billionaire robbery of our healthcare, our food assistance, and our futures.

Republicans in Congress are trying to rush through a bill that gives the richest 1% and giant corporations trillions in permanent tax breaks, while taking away critical services from millions of working families. Their own budget admits they’ll pay part of the cost with more than $1 trillion in cuts to Medicaid and SNAP.[1] (The rest will further inflate the national debt.) It’s a breathtaking act of corruption, stealing from those with the least to give to those with the most.

We’ve seen these scams before. We lived through the 2017 Trump tax law, which showered billionaires with windfalls while working people got crumbs. That law cost us nearly $2 trillion and rigged the tax code even further in favor of the ultra-wealthy.

Now, instead of fixing this tax scam, Republicans are locking it in forever and doubling down on corporate giveaways that, combined, add another $5.5 trillion to the national debt.

Tell your Senators and Representative to vote NO on this rigged tax scam. Stop the cuts. Stop the giveaways. Stop the greed.

This isn’t a bill for your family. It’s not a bill for your community. This is a bill for billionaire tax dodgers, corporate lobbyists, and political donors who have rigged the system for decades. Just look at how obscene the giveaways are in the Trump Tax Scam 2.0:

• The average family receiving over $1 million would get cuts worth about $90,000 annually.

• The richest 400 billionaires would pocket $800 million every year from just one provision of the bill.

• Millionaires and billionaires would get half of the “pass-through” tax break, costing taxpayers another $786 billion.

• Giant corporations like Apple, Amazon, and Tesla would receive $75 billion more in tax breaks on top of what they already hoarded from the 2017 tax law.

And how do they pay for it? By coming after the rest of us. $1 trillion in cuts to Medicaid and SNAP, ripping healthcare and food assistance away from millions. Higher costs for seniors, working families, and students. More debt that will fuel future attacks on Social Security, Medicare, and education.

We must rise up right now to stop this cruel scam before they bankrupt our future to enrich their billionaire donors.

Tell Congress: Vote NO on the $5 trillion Billionaire Tax Scam. Vote NO on cutting Medicaid, SNAP, and the services our communities rely on.

Together, we will stop this $5.5 trillion scam in its tracks.

John Foti
Legislative Director
Americans for Tax Fairness Action Fund

[1] Ways & Means Mark-Up Trump Tax Law 2.0 Analysis

-- David's email --

John,

The House of Representatives just moved a $5.5 trillion tax giveaway, mostly for the rich and giant corporations, one step closer to becoming law. And here’s the kicker: they plan to pay for it with brutal cuts to Medicaid, SNAP, education, and more. The House Ways & Means Committee, just yesterday, advanced their toxic tax package, and the full House is expected to vote as soon as next Tuesday.[1]

Let’s be clear about what this is. It’s not a "tax plan." It’s a full-scale robbery of working people to further enrich the billionaire class. The bill would lock in Trump’s 2017 tax cuts, delivering $90,000 in annual tax breaks to households making $1 million a year, while giving the top 400 richest Americans an unbelievable $800 million in tax cuts annually. Meanwhile, everyday families get scraps, or worse, higher costs and fewer services.

It gets even uglier. This bill expands the so-called “pass-through” loophole, giving hundreds of billions more in tax breaks to millionaires and billionaires, including $107,000 annual tax cuts for the top 0.1%. The average working family? Just $40 to $50 a year. That’s hardly enough for a cup of coffee a month!

Corporations like Apple, Amazon, and Tesla would walk away with $75 billion in new tax cuts, while 93% of the weakened Alternative Minimum Tax benefits flow to the richest 10%. The price tag for that giveaway alone? Another $1.4 trillion added to the national debt.

And while they enrich billionaires, Republicans are raiding your healthcare and food assistance to cover part of the cost. Over $1 trillion in cuts to Medicaid and SNAP are on the table. That means fewer families getting the medical care or food they need. And the rest? They’ll slap it on the national credit card and come back later to demand even deeper cuts to Social Security, Medicare, and the services every community relies on.

Tell your Senators and Representative to reject this $5.5 trillion tax giveaway to the rich. Tell them to vote NO on the Billionaire Tax Scam.

This bill is a direct assault on millions of families. It targets children, seniors, people with disabilities, and working people who depend on Medicaid to see a doctor or SNAP to put food on the table. It targets the programs that helped keep our country afloat through a pandemic and ongoing economic hardship. And it does all this to line the pockets of the ultra-wealthy who have rigged the system in their favor for decades.

Worse still, the corporate lobbyists behind this bill are banking on your silence. They’re flooding Congress with false promises of “growth” and “jobs” while hiding the real impact: skyrocketing inequality and rising costs for everyone who’s not rich. They’re counting on no one noticing that they’re gutting Medicaid and SNAP to finance tax breaks for billionaires like Elon Musk, Jeff Bezos, and Donald Trump.

But we can stop them. We’ve stopped massive corporate giveaways before, and we can do it again, but only if lawmakers hear overwhelming public opposition.

Tell Congress to reject this cruel, corrupt, and dangerous tax bill. Tell them to stand with working people, not billionaires.

Let’s rise up, speak out, and show that working people are done paying the price for billionaire tax scams.

David Kass
Executive Director
Americans for Tax Fairness Action Fund