John,
Healthcare coverage has never been more important than it is right now. But, in the midst of a pandemic that has killed more than 120,000 Americans and infected 1.4 million, instead of expanding healthcare coverage to millions of people, Donald Trump wants to rip it away.
This week, Trump and 18 Republican state attorneys general filed opening briefs with the U.S. Supreme Court to repeal the Affordable Care Act (ACA). Not only would this rip healthcare coverage away from an estimated 23 million people,[1] it would also create a massive transfer of wealth away from working families and to the richest 1%.
Modest taxes paid by wealthy families is what pays for the ACA’s expanded healthcare coverage for low- and middle-income families through Medicaid and the healthcare exchanges offering private insurance at lower costs. If the Supreme Court strikes down the ACA, the very richest households―the top 0.1% with annual incomes over $3 million―would receive an average tax cut of $198,000 per year. And households with annual incomes over $1 million would receive an average tax cut of $42,000.[2]
This is how government should work―require the wealthy and corporations to pay their fair share of taxes and use the revenues to create an economy―and a healthcare system―that works for everyone. That’s why Americans for Tax Fairness Action Fund fought so hard to oppose Trump’s attempt to repeal the ACA in 2017―right before we led the fight against Trump’s tax scam.
We’re fighting back against a heartless lawsuit filed by a heartless administration. Donate $5 or more today to protect the healthcare of millions of Americans in the midst of the worst health crisis in a century.
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Even before the pandemic, repeal of the ACA would have resulted in 1 in 10 non-elderly Black people and 1 in 10 Latinx people losing healthcare coverage, compared to 1 in 16 white people.[3] Now, with tens of millions of people out of work, it’s projected that more than 17 million could lose their employer-sponsored healthcare coverage by the end of the year―disproportionately impacting Black and brown families.[4]
We cannot allow millions of people to lose their healthcare coverage while delivering another huge tax cut to the richest 1%. Donate to Americans for Tax Fairness Action Fund today to help us defend the ACA and access to healthcare for millions of people.
Thank you,
Frank Clemente
Executive Director
Americans for Tax Fairness Action Fund
[1] “The Health Care Repeal Lawsuit Could Strip Coverage from 23 Million Americans,” Center for American Progress, June 24, 2020
[2] “ACA Repeal Lawsuit Would Cut Taxes for Top 0.1 Percent by an Average of $198,000,” Center on Budget and Policy Priorities, June 24, 2020
[3] “How the Federal Tax Code Can Better Advance Racial Equity,” Center on Budget and Policy Priorities, July 25, 2019
[4] “How the COVID-19 Recession Could Affect Health Insurance Coverage,” Urban Institute, May 4, 2020