John,

We just learned that between 2018 and 2019, Donald Trump’s tax scam handed a $32 billion windfall to America’s six wealthiest banks―including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley.[1]

And while corporate profits continued their rise, corporate income tax payments plummeted by more than 40%.[2] Republicans in Congress are using their self-imposed deficit to try and cut critical services for working families including Social Security, Medicare, Medicaid, education and much more.

Now, Donald Trump has announced that he’s releasing an Election Year Tax Scam 2 in JUST 90 days, which he once again claims will benefit working families.[3] Remember, Tax Scam 1 is giving the richest 1% an average tax cut of $50,000 in 2020, but the bottom 80% of taxpayers will get an average tax cut of just $645.[4] Should we believe him the second time?

If Donald Trump and congressional Republicans are successful on Election Day 2020, it’s because we haven’t done enough to educate and rally the American people against their trickle-down tax plans that benefit the rich and corporations at the expense of working families.

Thankfully, we have a road map to win! In 2018, Democrats rode a blue wave to victory, opposing the Trump-GOP tax scam for the rich and corporations. And, thanks to you, every top Democratic presidential candidate has a tax and investment plan more than double the size of Hillary Clinton’s plans from 2016, as documented by ATF Action Fund.[5]

We can’t wait until it’s too late. Make your early Election Year investment in our Fair Share Taxes Agenda, which is the winning message in 2020 that holds Trump and congressional Republicans accountable while advancing the goal of creating an economy that works for all of us. Donate to Americans for Tax Fairness Action Fund today!

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Donald Trump can’t be believed and he can’t be trusted.

And if Trump and his GOP enablers are successful on Election Day 2020, they’ll continue their assault on our earned benefits, on our healthcare, and on all critical services for working families, just to pay for tax handouts for the rich and corporations.

Make your early investment in our Fair Share Taxes Agenda, which is the winning message in 2020 that holds Donald Trump and his GOP enablers accountable to the American people.

Together, we must rally the American people around a tax plan and an economy that works for everyone, not just the wealthy few.

Thank you for your support.

Frank Clemente
Executive Director
Americans for Tax Fairness Action Fund

[1] “Trump Tax Cut Hands $32 Billion Windfall to America’s Top Banks,” Bloomberg, Jan. 16, 2020

[2] “Chartbook: Trump-GOP Tax Cuts Failing Workers & the Economy,” Americans for Tax Fairness, Dec. 2019, p. 8

[3] “Trump Doubles Down on Threats to Impose Tariffs on European Cars,” Wall Street Journal, Jan. 21, 2020

[4] “Chartbook: Trump-GOP Tax Cuts Failing Workers & the Economy,” Americans for Tax Fairness, Dec. 2019, p. 2

[5] “Four-Candidate Analysis Shows Historic Shift in Tax & Spending Debate,” Americans for Tax Fairness Action Fund, Jan. 14, 2020