[ [link removed] ]Block the new Trump Tax Scam

Petition to Congress:
"Oppose any new Trump tax proposal and repeal the Trump Tax Scam that only
benefits corporations and the super wealthy."

Add your name:

[ [link removed] ]Sign the petition ►

Dear Jack,

[ [link removed] ]Block the new Trump Tax
scam

In 2017, FedEx owed $1.5 billion in taxes. Last year, thanks to the Trump
Tax Scam, it owed exactly $0. FedEx lobbied hard for Trump's tax cuts, and
in return Trump and his Republican lackeys cut corporate taxes so much
that the government actually owed FedEx money in 2018.^1

The Trump Tax Scam is a failure – unless you're an international
corporation or a billionaire. It is helping corporations evade taxes and
the super wealthy hoard wealth by paying lower taxes than working
people.^2

But corporations and billionaires are Republicans' most coveted
supporters, so they're working with Trump on a Tax Scam 2.0 to be unveiled
this fall.^3 We need to raise our voices now to stop it in its tracks.

[ [link removed] ]Tell Congress: Block the new Trump Tax scam. Click here to sign the
petition.

The Trump Tax Scam was immoral from the start and has become more
unpopular with each passing day. It sabotaged the Affordable Care Act and
gave corporations a permanent tax break while individuals and families saw
only temporary benefits. Two years later, its success at rewarding the
rich and failure to help anyone else could not be clearer:^4

* Corporations dodged taxes.
* CEOs got rich using tax handouts for stock buybacks.
* Economic growth lagged behind what was promised.
* Business investment stalled.
* Predatory hedge funds got an accidental bonus tax break.
* The deficit grew and became an excuse to cut the safety net.
* Our national housing shortage got worse.
* Billionaires can pay a lower tax rate than working moms.
* 13 million people were put at risk of losing any health care coverage.

But according to new reports, Trump and his Republican puppets in Congress
are planning a new tax scam that would give wealthy individuals the same
permanent, non-expiring tax breaks that corporations got the first time
around and introduce all sorts of new handouts for the well-connected. We
need to stop this horrible idea before it gains momentum.

Tell Congress: Block the new Trump Tax Scam. Click below to sign the
petition:

[ [link removed] ][link removed]

Thank you for speaking out,

Heidi Hess, Co-Director
[ [link removed] ]CREDO Action from Working Assets

Add your name:

[ [link removed] ]Sign the petition ►

References:

 1. Jim Tankersley, Peter Eavis and Ben Casselman, "[ [link removed] ]How FedEx Cut Its
Tax Bill to $0," The New York Times, Nov. 17, 2019.
 2. Derek Thompson, "[ [link removed] ]The GOP Tax Cuts Didn’t Work," The Atlantic, Oct.
31, 2019.
 3. Erica Werner, Josh Dawsey and Jeff Stein, "[ [link removed] ]White House officials
ramp up new tax cut talks, as Trump seeks sharp contrast with 2020
Democrats," The Washington Post, Oct. 31, 2019.
 4. Thompson, "[ [link removed] ]The GOP Tax Cuts Didn’t Work."

Photo: Chip Somodevilla/Getty Images

--------------------------------------------------------------------------

[ [link removed] ]FB [ [link removed] ]Share on Facebook
Post to your wall
[ [link removed] ]Tw [ [link removed] ]Tweet this
Post to Twitter

[1]CREDO action

© 2019 CREDO. All rights reserved.

This email was sent to [email protected].

To change your email or mailing address, please click here: [link removed]

To unsubscribe, please visit our subscription management page at: [link removed]