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John,
When I helped found Americans for Tax Fairness Action Fund in 2012, I had three goals in mind:
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Significantly reduce income and wealth inequality—including racial economic gaps—by raising trillions of dollars in new tax revenue from the wealthy and corporations and investing that money in working families and communities.
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Transform the Democratic Party and the progressive movement that powers it by making tax fairness a core part of an economic-justice agenda—as central to the identity of the party and its supporting movement as tax cuts for the rich and corporations are to the Republican Party and its conservative backers.
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Save our democracy by significantly limiting the wealth and political influence of the rich and big corporations who play such a large and growing role in our elections.
Over the last decade, we have completely changed the national conversation around tax fairness, putting Wall Street and their trickle-down economic theories on defense, and rallying a big majority of Americans around the idea that when the rich and corporations pay their fair share, we can lower costs for working families and create an economy that works for all of us.
The more progress we make, the more the wealthy fight back. Can you make a year-end contribution today to prepare for the fight ahead?
According to Americans for Tax Fairness research, five weeks before the 2022 midterm election, billionaires had already pumped $881 million into the election, distorting our democracy by drowning out the voices of regular Americans.[1]
With Republicans set to take control of the U.S. House in just a matter of days, we must stay on offense, fighting for a Billionaire Minimum Income Tax so that the richest Americans pay taxes on their wealth gains each year, not just when they feel like it.
We must ensure that the 15% corporate profits minimum tax that we enacted this year on billion-dollar corporations is extended to all large, profitable corporations. Because, at a time of record corporate profits, no corporation should get away with paying little to nothing in federal income taxes.
Make an end-of-year contribution today to stay on offense and hold the rich and corporations accountable.
If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:
Our victories this past year are thanks to your advocacy and support. Thank you for fighting for an economy and a tax system that puts working people first.
Frank Clemente
Executive Director
Americans for Tax Fairness
[1] “Billionaire Money in the 2022 Election,” Americans for Tax Fairness, Nov. 2, 2022
-- My Email --
John,
For the last decade, Americans for Tax Fairness Action Fund has been fighting for a tax system and economy where the wealthy and corporations pay their fair share and so that we can also create an economy that works for all of us.
In a moment, I’m going to ask you to power our work in 2023 with an end-of-year donation. But first I want to share some big victories that you made possible this year:
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Enacting President Biden’s Inflation Reduction Act, which will raise more than $500 billion in taxes from wealthy interests through a 15% minimum tax on billion-dollar corporations, a 1% tax on corporate stock buybacks, and beefing up IRS enforcement on rich tax cheats;
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Blocking up to $600 billion in corporate tax giveaways in the year-end budget;
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Building support for the Billionaire Minimum Income Tax, getting President Biden’s endorsement and 55 cosponsors in the U.S. House;
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Documenting the huge and growing influence of billionaires buying elections;
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Finally getting our hands on Trump’s tax returns!
This was only made possible because of your support and activism, together sending nearly 700,000 letters and petitions to Congress in 2022, fighting back against corporate and billionaire greed.
After our big victories this year, conservatives and wealthy special interests will look to roll back the progress we’ve made. And with a Republican-controlled House starting next week, we will need you by our side to continue to fight back and win!
Please make an end-of-year contribution to Americans for Tax Fairness Action Fund today to build on our 2022 victories and prepare for the fight ahead.
Republicans are already planning their anti-tax agenda for 2023. The ultra-conservative Americans for Tax Reform reports: GOP Leader McCarthy: First Bill Next Congress Will Cut IRS Budget.[1]
And Politico reports:[2]
“Minority Leader Kevin McCarthy said Friday that a bill to roll back the $80 billion in funding that Democrats just gave the IRS would be Republicans’ first order of business if they take back the House.”
But it’s not just IRS funding that’s under threat. Republicans want to double down on their Trump-GOP tax cuts. According to the Washington Post: GOP wants to push to extend Trump tax cuts after midterm elections.[3]
And, Republicans plan to put Democrats on defense on our earned benefits. Just look at this Washington Post op-ed headline: Republicans are coming after Social Security. Democrats, take note.[4]
Your end-of-year donation will help prepare for the fight ahead, defending the progress we’ve made in holding the rich and corporations accountable while also protecting our earned benefits against cuts. Donate today!
If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:
Thank you for being by our side as, together, we fight for a tax system and economy that works for everyone, not just the wealthy few.
Frank Clemente
Executive Director
Americans for Tax Fairness Action Fund
[1] “GOP Leader McCarthy: First Bill Next Congress Will Cut IRS Budget,” Americans for Tax Reform, Sept. 23, 2022
[2] “Just wait ‘til next year (maybe),” Politico, Sept. 26, 2022
[3] “GOP wants to push to extend Trump tax cuts after midterm elections,” Washington Post, Oct. 17, 2022
[4] “Republicans are coming after Social Security. Democrats, take note.” Washington Post, Aug. 5, 2022
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