John,

Congressional Republicans are trying to convince the American people that under Build Back Better, tax rates of millionaires will go down, not up. To counter this Republican myth, we’ve developed two new infographics.

The first graphic, below, shows how the tax rates of millionaires will rise in the next 10 years. The second graphic demonstrates how after-tax incomes will rise for 80% of the country, while the richest 20% will pay more of their fair share.

Check out our latest infographics below then pitch in today to bring these to millions of people and debunk Republican myths about the Build Back Better Act.

Thank you for fighting for a future that includes all of us, not just the wealthy few.

Sarah Christopherson
Legislative and Policy Director
Americans for Tax Fairness

--Frank's email--

John,

In typical Donald Trump fashion, congressional Republicans are saying the exact opposite of the truth.

In 2017, Republicans passed the Trump-GOP Tax Scam—adding $1.9 trillion to the deficit—arguing that their bill would benefit working people. In reality, the vast majority of Trump’s tax breaks went to the rich and corporations.

Now, Democrats are on the verge of passing the Build Back Better Act, which would make a historic $2 trillion in investments in our families and our future―and it’s paid for mostly by making the rich and corporations pay a fairer share in taxes.

Republicans have been falsely claiming that Democrats’ bill will lower tax rates paid by millionaires. But, according to the Joint Committee on Taxation, millionaires will see their tax rates rise by 3.2 percentage points next year and by 6.4 points by 2031.

We have two new infographics, which we’re using to debunk Republican myths about the Build Back Better Act and to remind people that the after-tax incomes of working people will go up thanks to the expanded Child Tax Credit and Earned Income Tax Credit, and due to lower healthcare premiums.

Help us debunk Republican myths by bringing our latest infographics to millions of people. Donate today!

Here are four of the reasons why millionaires will see their tax rates increase under the Build Back Better Act:

• Making corporations pay a 15% minimum tax and closing offshore tax loopholes will raise more than $600 billion (corporations are mainly owned by the rich)

• Enacting the Millionaires Surtax will raise $228 billion from those with the highest incomes

• Closing two big loopholes for rich business owners raises $412 billion

• Making wealthy tax cheats pay what they owe could raise up to $400 billion

And here’s the infographic that backs that up:

We’re also demonstrating how the after-tax incomes of working people will increase under the Build Back Better Act with this new infographic:

Chip in $5 today to bring these infographics to millions of people and fight to pass this critical investment in our country’s future―paid for by making the rich and corporations pay a fairer share of taxes.

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Thank you for fighting to unrig our tax system and put working people first.

Frank Clemente
Executive Director
Americans for Tax Fairness