John,

Black Friday is a day of massive corporate profits. But, for the last two years, large profitable corporations have already enjoyed record profits while paying historically low tax rates.

Thanks, in part, to the 2017 Trump-GOP tax scam that cut corporate taxes by 40%, corporations contribute far less in federal revenue today than they did in the 1970s. Just look at this chart:[1][2]

We’re fighting back, demanding Congress raise, not cut, corporate taxes during the lame-duck session between now and the end of the year.

Pitch in today to keep the pressure on Congress to act. Let’s show that people-power can defeat the big money interests and their corporate lobbyists that are seeking to further rig our economy by handing even more wealth and power to greedy, price-gouging corporations.

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Together, we’re fighting for an economy and a tax system that puts people, not corporate profits, first.

Frank Clemente
Executive Director
Americans for Tax Fairness Action Fund

[1] “Overview of the Federal Tax System in effect for 2017,” Joint Committee on Taxation, March 15, 2017
[2] “Overview of the Federal Tax System in effect for 2022,” Joint Committee on Taxation, June 28, 2022