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John,
Congressional Republicans are not shy about advancing their agenda: cutting taxes for the rich while attacking critical programs for working people.
Their 2017 Trump-GOP tax scam added approximately $1.9 trillion to the national debt, while also increasing income and wealth inequality.
Their threats to refuse to increase the nation’s debt ceiling unless cuts are made to Social Security, Medicare, and other critical programs, would hurt seniors and working families.
Now they’ve introduced a bill that would abolish the IRS and abolish the entire federal tax code, from income taxes to the payroll taxes that fund Social Security and Medicare, to estate and gift taxes only paid by the very wealthy.
They propose paying for this by implementing a 30% national sales tax on EVERYTHING you buy―groceries, cars, homes, healthcare, and more. This would disproportionately impact working people while severely cutting taxes on millionaires, billionaires, and corporations.
We’re fighting back!
Send a message to your U.S. representative and demand they reject the new GOP bill that would abolish the federal tax code and implement a 30% sales tax on everything we buy.
However, according to a report from our friends at the Institute on Taxation and Economic Policy (ITEP), it would take a lot more than a 30% national sales tax to make up for the lost tax revenue Republicans are proposing. It would actually cost as much as 60%![1]
That means, a $200 grocery bill would cost $320. And a $30,000 car would cost $48,000.
Republicans claim to care about inflation, but their new bill slashes taxes on the wealthy while driving up the prices on everything we buy. That’s not fiscal responsibility. That’s fiscal insanity!
Click here to send a message to your representative right now and demand they reject the new Republican bill that would drive up prices on everything we buy by at least 30% and maybe as much as 60%.
Together, we’re fighting for a tax code that works for everyday people, not just millionaires, billionaires, and wealthy corporations.
Frank Clemente
Executive Director
Americans for Tax Fairness Action Fund
[1] “’Fair Tax’ Plan Would Abolish the IRS and Shift Federal Taxes from the Wealthy to the Rest of Us,” Institute on Taxation and Economic Policy, Jan. 11, 2023
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