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RELEASES
To create an economy that works for all of us, President Biden will make corporations and the wealthy pay their fair share of taxes. Readmore.
AMERICAN BILLIONAIRES BY THE NUMBERS, TRACKING THEIR The total wealth of U.S. billionaires grew by $1.3 trillion during the roughly first eleven months of the coronavirus pandemic -- a 44% spike in wealth. This increase in wealth is more than it would cost to send a stimulus check of $3,900 to every one of the roughly 330 million people in America. The U.S. added 50 billionaires during this period, increasing from 614 to 664.TRUMP-GOP TAX SCAM
Breakdown of Trump-GOP Tax Scam. HERE IS WHAT THE REPUBLICAN TAX SCAM BILL, SIGNED INTO LAW BY DONALD TRUMP, DOES: Gives a massive tax cut to millionaires and corporations. Over 80% of the $1.5 trillion in tax cuts will go to the richest 1% by 2027, when fully phased in. This year, the top 1% will get an average tax cut of $51,000 per household. SEN. WARREN'S ULTRA-MILLIONAIRES WEALTH TAX The Ultra-Millionaires Tax Act, a wealth tax, is one of the most important actions Congress can take to rebuild the economy for working families after the pandemic and to create an economy that works for all of us over the long term. Action Center. WASHINGTON BILLIONAIRES GOT $151 BILLION RICHER OVER FIRST Gains of 13 Richest Residents Could Cover State’s $3 Billion Budget Shortfall Fifty Times Over & Still Leave Billionaires as Rich as They Were Before Pandemic State Wealth Tax Getting Hearing in Legislature Today Could Raise Billions a Year While Barely Slowing the Growth of Billionaire Wealth The collective wealth of Washington State’s 13 known billionaires jumped by $151.2 billion, or 47 NET WORTH OF U.S. BILLIONAIRES HAS SOARED BY $1 TRILLION Wealth Increase in 9 Months Exceeds Likely $908 Billion Cost of Covid Relief Package GOP Has Stalled as Too Costly . The collective wealth of America’s 651 billionaires has jumped by over $1 trillion since roughly the beginning of the COVID-19 pandemic to a total of $4 trillion at market close on Monday, December 7, 2020. FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
THE PROMISE: IT WILL BE A MIDDLE-CLASS TAX CUT In 2020, the richest 1% will receive a total of $78 billion in tax cuts from the Trump-GOP tax law—more than a quarter of the total. That’s about the same amount as the bottom 80% of taxpayers will get. The Trump-GOP tax cuts disproportionately benefit white Americans at the expense of other racial groups. In 2020, whites will make up67%
FACT SHEET: TAXING WEALTHY AMERICANS The bottom 80% own just 11% of the nation’s wealth. In the 1950s and 1960s, when the economy was booming, the wealthiest Americans paid a top income tax rate of 91%. Today, the top rate is 43.4%. The richest 1% pay an effective federal income tax rate of 24.7% in 2014; someone making an average of $75,000 is paying a 19.7% rate. KOCH BROTHERS COULD $1.4 BILLION TAX CUT FROM THE LAW THEY A new analysis by Americans for Tax Fairness estimates that Charles Koch and David Koch and/or Koch Industries could save between $1 billion and $1.4 billion combined in income taxes each year from the Trump tax law―and that doesn’t even count how much the brothers might save in taxes on offshore profits or how much their heirs will benefit from weakening the estate tax. HOME - AMERICANS FOR TAX FAIRNESSABOUTISSUESREPORTSBLOGMEDIAPRESSRELEASES
To create an economy that works for all of us, President Biden will make corporations and the wealthy pay their fair share of taxes. Readmore.
AMERICAN BILLIONAIRES BY THE NUMBERS, TRACKING THEIR The total wealth of U.S. billionaires grew by $1.3 trillion during the roughly first eleven months of the coronavirus pandemic -- a 44% spike in wealth. This increase in wealth is more than it would cost to send a stimulus check of $3,900 to every one of the roughly 330 million people in America. The U.S. added 50 billionaires during this period, increasing from 614 to 664.TRUMP-GOP TAX SCAM
Breakdown of Trump-GOP Tax Scam. HERE IS WHAT THE REPUBLICAN TAX SCAM BILL, SIGNED INTO LAW BY DONALD TRUMP, DOES: Gives a massive tax cut to millionaires and corporations. Over 80% of the $1.5 trillion in tax cuts will go to the richest 1% by 2027, when fully phased in. This year, the top 1% will get an average tax cut of $51,000 per household. SEN. WARREN'S ULTRA-MILLIONAIRES WEALTH TAX The Ultra-Millionaires Tax Act, a wealth tax, is one of the most important actions Congress can take to rebuild the economy for working families after the pandemic and to create an economy that works for all of us over the long term. Action Center. WASHINGTON BILLIONAIRES GOT $151 BILLION RICHER OVER FIRST Gains of 13 Richest Residents Could Cover State’s $3 Billion Budget Shortfall Fifty Times Over & Still Leave Billionaires as Rich as They Were Before Pandemic State Wealth Tax Getting Hearing in Legislature Today Could Raise Billions a Year While Barely Slowing the Growth of Billionaire Wealth The collective wealth of Washington State’s 13 known billionaires jumped by $151.2 billion, or 47 NET WORTH OF U.S. BILLIONAIRES HAS SOARED BY $1 TRILLION Wealth Increase in 9 Months Exceeds Likely $908 Billion Cost of Covid Relief Package GOP Has Stalled as Too Costly . The collective wealth of America’s 651 billionaires has jumped by over $1 trillion since roughly the beginning of the COVID-19 pandemic to a total of $4 trillion at market close on Monday, December 7, 2020. FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
THE PROMISE: IT WILL BE A MIDDLE-CLASS TAX CUT In 2020, the richest 1% will receive a total of $78 billion in tax cuts from the Trump-GOP tax law—more than a quarter of the total. That’s about the same amount as the bottom 80% of taxpayers will get. The Trump-GOP tax cuts disproportionately benefit white Americans at the expense of other racial groups. In 2020, whites will make up67%
FACT SHEET: TAXING WEALTHY AMERICANS The bottom 80% own just 11% of the nation’s wealth. In the 1950s and 1960s, when the economy was booming, the wealthiest Americans paid a top income tax rate of 91%. Today, the top rate is 43.4%. The richest 1% pay an effective federal income tax rate of 24.7% in 2014; someone making an average of $75,000 is paying a 19.7% rate. KOCH BROTHERS COULD $1.4 BILLION TAX CUT FROM THE LAW THEY A new analysis by Americans for Tax Fairness estimates that Charles Koch and David Koch and/or Koch Industries could save between $1 billion and $1.4 billion combined in income taxes each year from the Trump tax law―and that doesn’t even count how much the brothers might save in taxes on offshore profits or how much their heirs will benefit from weakening the estate tax. ISSUES - AMERICANS FOR TAX FAIRNESS Issues. Read our latest materials on tax issues that affect every American. You can filter our latest content by major tax subjects and sub-issues using the filter on the right.TRUMP-GOP TAX SCAM
Breakdown of Trump-GOP Tax Scam. HERE IS WHAT THE REPUBLICAN TAX SCAM BILL, SIGNED INTO LAW BY DONALD TRUMP, DOES: Gives a massive tax cut to millionaires and corporations. Over 80% of the $1.5 trillion in tax cuts will go to the richest 1% by 2027, when fully phased in. This year, the top 1% will get an average tax cut of $51,000 per household. TALKING POINTS ON THE BIDEN TAX PLAN These are poll-tested messages from a nationwide online survey of 1,104 registered voters conducted by ALG Research and Hart Research May 20-25, 2021 for Americans for Tax Fairness. The survey included an oversample of 299 Independent voters. These messages are based on pollster memos here and here. Core Message Last year, 55 ofAmerica’s biggest
THE CASE FOR A 28% CORPORATE TAX RATE TOPLINES Raising the corporate tax rate from 21% to 28%, as President Biden proposes, is a moderate reform that would raise nearly $900 billion for vital public investments—including many helpful to business. Because of loopholes, most corporations are not paying the 21% rate, let alone paying anything close to their fair share oftaxes. Last
CONTACT - AMERICANS FOR TAX FAIRNESS Got a question, comment, or suggestion? Let us know. Americans for Tax Fairness 1101 17th Street NW, Suite 301 Washington, D.C. 20036 Phone: (202) 506-3264 Press contact Chris Fleming Email: chris@redhorsestrategies.com Snail mail and phone calls are not your TAX HAVENS - AMERICANS FOR TAX FAIRNESS Tax Havens. U.S. multinational corporations have more than $2 TRILLION in profits stashed offshore – much of it in tax havens. As long as those profits are offshore, a tax loophole lets corporations dodge paying taxes on them. It’s time for big corporations to pay the $600 BILLION in taxes they owe America. U.S. BILLIONAIRES BY THE NUMBERS, TRACKING BILLIONAIRES The top three federal campaign contributors from the 1990 to 2020 election cycles account for more than 35% of the $2.1 billion total contributed by billionaires. They are Sheldon and Miriam Adelson ($308.4 million, or 14.4%), Tom Steyer and Kathryn Taylor ($274.6 million, or 12.8%), and Michael Bloomberg ($180.7 million, or 8.4%). FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
ATF POLL ON THE BIDEN TAX PLAN 2019 Americans for Tax Fairness POLLSTER DECKS ON SUPPORT FOR BIDEN'S TAX & ECONOMIC … National Groups deck State Groups deck. POLLSTER DECKS ON SUPPORT FOR BIDEN’S TAX & ECONOMIC PLANS HOME - AMERICANS FOR TAX FAIRNESSABOUTISSUESREPORTSBLOGMEDIAPRESSRELEASES
FACT SHEET: BIDEN’S PLAN FOR JOBS, INVESTMENTS & FAIRER TAXES To create an economy that works for all of us, President Biden will make corporations and the wealthy pay their fair share of taxes. AMERICAN BILLIONAIRES BY THE NUMBERS, TRACKING THEIR The total wealth of U.S. billionaires grew by $1.3 trillion during the roughly first eleven months of the coronavirus pandemic -- a 44% spike in wealth. This increase in wealth is more than it would cost to send a stimulus check of $3,900 to every one of the roughly 330 million people in America. The U.S. added 50 billionaires during this period, increasing from 614 to 664. U.S. BILLIONAIRES BY THE NUMBERS, TRACKING BILLIONAIRES The top three federal campaign contributors from the 1990 to 2020 election cycles account for more than 35% of the $2.1 billion total contributed by billionaires. They are Sheldon and Miriam Adelson ($308.4 million, or 14.4%), Tom Steyer and Kathryn Taylor ($274.6 million, or 12.8%), and Michael Bloomberg ($180.7 million, or 8.4%). WASHINGTON BILLIONAIRES GOT $151 BILLION RICHER OVER FIRST Gains of 13 Richest Residents Could Cover State’s $3 Billion Budget Shortfall Fifty Times Over & Still Leave Billionaires as Rich as They Were Before Pandemic State Wealth Tax Getting Hearing in Legislature Today Could Raise Billions a Year While Barely Slowing the Growth of Billionaire Wealth The collective wealth of Washington State’s 13 known billionaires jumped by $151.2 billion, or 47 NET WORTH OF U.S. BILLIONAIRES HAS SOARED BY $1 TRILLION Wealth Increase in 9 Months Exceeds Likely $908 Billion Cost of Covid Relief Package GOP Has Stalled as Too Costly . The collective wealth of America’s 651 billionaires has jumped by over $1 trillion since roughly the beginning of the COVID-19 pandemic to a total of $4 trillion at market close on Monday, December 7, 2020. FACT SHEET: CORPORATE TAX RATES Key Facts Corporate share of federal tax revenue has dropped by two-thirds in 60 years — from 32% in 1952 to 10% in 2013. General Electric, Boeing, Verizon and 23 other profitable Fortune 500 firms paid no federal income taxes from 2008 to 2012. 288 big and profitable Fortune 500 corporations paid an average effective FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
FACT SHEET: TAXING WEALTHY AMERICANS The bottom 80% own just 11% of the nation’s wealth. In the 1950s and 1960s, when the economy was booming, the wealthiest Americans paid a top income tax rate of 91%. Today, the top rate is 43.4%. The richest 1% pay an effective federal income tax rate of 24.7% in 2014; someone making an average of $75,000 is paying a 19.7% rate. THE PROMISE: IT WILL BE A MIDDLE-CLASS TAX CUT In 2020, the richest 1% will receive a total of $78 billion in tax cuts from the Trump-GOP tax law—more than a quarter of the total. That’s about the same amount as the bottom 80% of taxpayers will get. The Trump-GOP tax cuts disproportionately benefit white Americans at the expense of other racial groups. In 2020, whites will make up67%
JOB ANNOUNCEMENT
This is a full-time exempt position preferably located in Washington, D.C.; it may be remote but must operate on east coast hours. The position reports to Americans for Tax Fairness’ Digital Strategy Director working directly with staff from Healthcare for America Now and Americans for Tax Fairness. It offers a salary of up to $60,000 HOME - AMERICANS FOR TAX FAIRNESSABOUTISSUESREPORTSBLOGMEDIAPRESSRELEASES
FACT SHEET: BIDEN’S PLAN FOR JOBS, INVESTMENTS & FAIRER TAXES To create an economy that works for all of us, President Biden will make corporations and the wealthy pay their fair share of taxes. AMERICAN BILLIONAIRES BY THE NUMBERS, TRACKING THEIR The total wealth of U.S. billionaires grew by $1.3 trillion during the roughly first eleven months of the coronavirus pandemic -- a 44% spike in wealth. This increase in wealth is more than it would cost to send a stimulus check of $3,900 to every one of the roughly 330 million people in America. The U.S. added 50 billionaires during this period, increasing from 614 to 664. U.S. BILLIONAIRES BY THE NUMBERS, TRACKING BILLIONAIRES The top three federal campaign contributors from the 1990 to 2020 election cycles account for more than 35% of the $2.1 billion total contributed by billionaires. They are Sheldon and Miriam Adelson ($308.4 million, or 14.4%), Tom Steyer and Kathryn Taylor ($274.6 million, or 12.8%), and Michael Bloomberg ($180.7 million, or 8.4%). WASHINGTON BILLIONAIRES GOT $151 BILLION RICHER OVER FIRST Gains of 13 Richest Residents Could Cover State’s $3 Billion Budget Shortfall Fifty Times Over & Still Leave Billionaires as Rich as They Were Before Pandemic State Wealth Tax Getting Hearing in Legislature Today Could Raise Billions a Year While Barely Slowing the Growth of Billionaire Wealth The collective wealth of Washington State’s 13 known billionaires jumped by $151.2 billion, or 47 NET WORTH OF U.S. BILLIONAIRES HAS SOARED BY $1 TRILLION Wealth Increase in 9 Months Exceeds Likely $908 Billion Cost of Covid Relief Package GOP Has Stalled as Too Costly . The collective wealth of America’s 651 billionaires has jumped by over $1 trillion since roughly the beginning of the COVID-19 pandemic to a total of $4 trillion at market close on Monday, December 7, 2020. FACT SHEET: CORPORATE TAX RATES Key Facts Corporate share of federal tax revenue has dropped by two-thirds in 60 years — from 32% in 1952 to 10% in 2013. General Electric, Boeing, Verizon and 23 other profitable Fortune 500 firms paid no federal income taxes from 2008 to 2012. 288 big and profitable Fortune 500 corporations paid an average effective FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
FACT SHEET: TAXING WEALTHY AMERICANS The bottom 80% own just 11% of the nation’s wealth. In the 1950s and 1960s, when the economy was booming, the wealthiest Americans paid a top income tax rate of 91%. Today, the top rate is 43.4%. The richest 1% pay an effective federal income tax rate of 24.7% in 2014; someone making an average of $75,000 is paying a 19.7% rate. THE PROMISE: IT WILL BE A MIDDLE-CLASS TAX CUT In 2020, the richest 1% will receive a total of $78 billion in tax cuts from the Trump-GOP tax law—more than a quarter of the total. That’s about the same amount as the bottom 80% of taxpayers will get. The Trump-GOP tax cuts disproportionately benefit white Americans at the expense of other racial groups. In 2020, whites will make up67%
JOB ANNOUNCEMENT
This is a full-time exempt position preferably located in Washington, D.C.; it may be remote but must operate on east coast hours. The position reports to Americans for Tax Fairness’ Digital Strategy Director working directly with staff from Healthcare for America Now and Americans for Tax Fairness. It offers a salary of up to $60,000 ABOUT - AMERICANS FOR TAX FAIRNESS Americans for Tax Fairness (ATF) is a diverse campaign of more than 420 national, state and local endorsing organizations united in support of a fair tax system that works for all Americans. It has come together based on the belief that the country needs comprehensive, progressive tax reform that results in greater revenue to meet ISSUES - AMERICANS FOR TAX FAIRNESS Issues. Read our latest materials on tax issues that affect every American. You can filter our latest content by major tax subjects and sub-issues using the filter on the right.TRUMP-GOP TAX SCAM
Breakdown of Trump-GOP Tax Scam. HERE IS WHAT THE REPUBLICAN TAX SCAM BILL, SIGNED INTO LAW BY DONALD TRUMP, DOES: Gives a massive tax cut to millionaires and corporations. Over 80% of the $1.5 trillion in tax cuts will go to the richest 1% by 2027, when fully phased in. This year, the top 1% will get an average tax cut of $51,000 per household. CONTACT - AMERICANS FOR TAX FAIRNESS Got a question, comment, or suggestion? Let us know. Americans for Tax Fairness 1101 17th Street NW, Suite 301 Washington, D.C. 20036 Phone: (202) 506-3264 Press contact Chris Fleming Email: chris@redhorsestrategies.com Snail mail and phone calls are not your TAX HAVENS - AMERICANS FOR TAX FAIRNESS Tax Havens. U.S. multinational corporations have more than $2 TRILLION in profits stashed offshore – much of it in tax havens. As long as those profits are offshore, a tax loophole lets corporations dodge paying taxes on them. It’s time for big corporations to pay the $600 BILLION in taxes they owe America. FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
OPTIONS FOR ENSURING THE WEALTHY PAY THEIR FAIR SHARE … REFORM PROPOSALS IN THE BIDEN TAX PLAN. Tax wealth like work. For people earning more than $1 million a year (the richest 0.3% of taxpayers), Biden will close the loophole that lets them pay a tax rate on the sale of stock and other assets that is far lower (20%) than the top rate workers pay on wages (37%).Biden also will close a loophole that lets millionaires avoid taxes altogether on the FACT SHEET: THE ESTATE (INHERITANCE) TAX Key Facts. The estate tax raised $8.5 billion in 2012 — less than 1% of the $1.2 trillion inherited that year.; Only 1 out of every 700 deaths results in paying the federal estate tax today. The vast majority of estates — 99.9% — do not pay federal estate taxes. While the top estate tax rate is 40%, the average tax rate paid is just 17%.; The estate tax is only paid on assets greater BLOCKBUSTER REPORT ON BILLIONAIRE TAX DODGERS … Bezos, Bloomberg, Buffett, Musk Went Years Paying $0 Income Taxes—Biden’s Plan Would Close Some Loopholes But Many Others Would Remain & Need Closing Today, ProPublica released a blockbuster report showing that billionaires go years without paying any federal income taxes, and when they do pay, the bill is a smaller fraction oftheir income than
JOB ANNOUNCEMENT
POSITION SUMMARY. Americans for Tax Fairness and Health Care for America Now, national coalitions active on high-profile federal tax reform and health care issues at the national and state levels, are seeking a digital organizer with two years or more of experience in political and/or advocacy communications for a joint organizing project. You must have good communications, HOME - AMERICANS FOR TAX FAIRNESSABOUTISSUESREPORTSBLOGMEDIAPRESSRELEASES
To create an economy that works for all of us, President Biden will make corporations and the wealthy pay their fair share of taxes. Readmore.
AMERICAN BILLIONAIRES BY THE NUMBERS, TRACKING THEIR The total wealth of U.S. billionaires grew by $1.3 trillion during the roughly first eleven months of the coronavirus pandemic -- a 44% spike in wealth. This increase in wealth is more than it would cost to send a stimulus check of $3,900 to every one of the roughly 330 million people in America. The U.S. added 50 billionaires during this period, increasing from 614 to 664.TRUMP-GOP TAX SCAM
Breakdown of Trump-GOP Tax Scam. HERE IS WHAT THE REPUBLICAN TAX SCAM BILL, SIGNED INTO LAW BY DONALD TRUMP, DOES: Gives a massive tax cut to millionaires and corporations. Over 80% of the $1.5 trillion in tax cuts will go to the richest 1% by 2027, when fully phased in. This year, the top 1% will get an average tax cut of $51,000 per household. CONTACT - AMERICANS FOR TAX FAIRNESSAMERICAN FOR TAX FAIRNESS ARTICLESAMERICANS FOR TAX FAIRNESS BIASAMERICANS FOR TAX REFORM BIAS Got a question, comment, or suggestion? Let us know. Americans for Tax Fairness 1101 17th Street NW, Suite 301 Washington, D.C. 20036 Phone: (202) 506-3264 Press contact Chris Fleming Email: chris@redhorsestrategies.com Snail mail and phone calls are not your WASHINGTON BILLIONAIRES GOT $151 BILLION RICHER OVER FIRST Gains of 13 Richest Residents Could Cover State’s $3 Billion Budget Shortfall Fifty Times Over & Still Leave Billionaires as Rich as They Were Before Pandemic State Wealth Tax Getting Hearing in Legislature Today Could Raise Billions a Year While Barely Slowing the Growth of Billionaire Wealth The collective wealth of Washington State’s 13 known billionaires jumped by $151.2 billion, or 47 FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
FACT SHEET: CORPORATE TAX RATES Key Facts Corporate share of federal tax revenue has dropped by two-thirds in 60 years — from 32% in 1952 to 10% in 2013. General Electric, Boeing, Verizon and 23 other profitable Fortune 500 firms paid no federal income taxes from 2008 to 2012. 288 big and profitable Fortune 500 corporations paid an average effective THE PROMISE: IT WILL BE A MIDDLE-CLASS TAX CUT In 2020, the richest 1% will receive a total of $78 billion in tax cuts from the Trump-GOP tax law—more than a quarter of the total. That’s about the same amount as the bottom 80% of taxpayers will get. The Trump-GOP tax cuts disproportionately benefit white Americans at the expense of other racial groups. In 2020, whites will make up67%
KOCH BROTHERS COULD $1.4 BILLION TAX CUT FROM THE LAW THEY A new analysis by Americans for Tax Fairness estimates that Charles Koch and David Koch and/or Koch Industries could save between $1 billion and $1.4 billion combined in income taxes each year from the Trump tax law―and that doesn’t even count how much the brothers might save in taxes on offshore profits or how much their heirs will benefit from weakening the estate tax.JOB ANNOUNCEMENT
This is a full-time exempt position preferably located in Washington, D.C.; it may be remote but must operate on east coast hours. The position reports to Americans for Tax Fairness’ Digital Strategy Director working directly with staff from Healthcare for America Now and Americans for Tax Fairness. It offers a salary of up to $60,000 HOME - AMERICANS FOR TAX FAIRNESSABOUTISSUESREPORTSBLOGMEDIAPRESSRELEASES
To create an economy that works for all of us, President Biden will make corporations and the wealthy pay their fair share of taxes. Readmore.
AMERICAN BILLIONAIRES BY THE NUMBERS, TRACKING THEIR The total wealth of U.S. billionaires grew by $1.3 trillion during the roughly first eleven months of the coronavirus pandemic -- a 44% spike in wealth. This increase in wealth is more than it would cost to send a stimulus check of $3,900 to every one of the roughly 330 million people in America. The U.S. added 50 billionaires during this period, increasing from 614 to 664.TRUMP-GOP TAX SCAM
Breakdown of Trump-GOP Tax Scam. HERE IS WHAT THE REPUBLICAN TAX SCAM BILL, SIGNED INTO LAW BY DONALD TRUMP, DOES: Gives a massive tax cut to millionaires and corporations. Over 80% of the $1.5 trillion in tax cuts will go to the richest 1% by 2027, when fully phased in. This year, the top 1% will get an average tax cut of $51,000 per household. CONTACT - AMERICANS FOR TAX FAIRNESSAMERICAN FOR TAX FAIRNESS ARTICLESAMERICANS FOR TAX FAIRNESS BIASAMERICANS FOR TAX REFORM BIAS Got a question, comment, or suggestion? Let us know. Americans for Tax Fairness 1101 17th Street NW, Suite 301 Washington, D.C. 20036 Phone: (202) 506-3264 Press contact Chris Fleming Email: chris@redhorsestrategies.com Snail mail and phone calls are not your WASHINGTON BILLIONAIRES GOT $151 BILLION RICHER OVER FIRST Gains of 13 Richest Residents Could Cover State’s $3 Billion Budget Shortfall Fifty Times Over & Still Leave Billionaires as Rich as They Were Before Pandemic State Wealth Tax Getting Hearing in Legislature Today Could Raise Billions a Year While Barely Slowing the Growth of Billionaire Wealth The collective wealth of Washington State’s 13 known billionaires jumped by $151.2 billion, or 47 FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
FACT SHEET: CORPORATE TAX RATES Key Facts Corporate share of federal tax revenue has dropped by two-thirds in 60 years — from 32% in 1952 to 10% in 2013. General Electric, Boeing, Verizon and 23 other profitable Fortune 500 firms paid no federal income taxes from 2008 to 2012. 288 big and profitable Fortune 500 corporations paid an average effective THE PROMISE: IT WILL BE A MIDDLE-CLASS TAX CUT In 2020, the richest 1% will receive a total of $78 billion in tax cuts from the Trump-GOP tax law—more than a quarter of the total. That’s about the same amount as the bottom 80% of taxpayers will get. The Trump-GOP tax cuts disproportionately benefit white Americans at the expense of other racial groups. In 2020, whites will make up67%
KOCH BROTHERS COULD $1.4 BILLION TAX CUT FROM THE LAW THEY A new analysis by Americans for Tax Fairness estimates that Charles Koch and David Koch and/or Koch Industries could save between $1 billion and $1.4 billion combined in income taxes each year from the Trump tax law―and that doesn’t even count how much the brothers might save in taxes on offshore profits or how much their heirs will benefit from weakening the estate tax.JOB ANNOUNCEMENT
This is a full-time exempt position preferably located in Washington, D.C.; it may be remote but must operate on east coast hours. The position reports to Americans for Tax Fairness’ Digital Strategy Director working directly with staff from Healthcare for America Now and Americans for Tax Fairness. It offers a salary of up to $60,000 FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
FACT SHEET: THE ESTATE (INHERITANCE) TAX Key Facts The estate tax raised $8.5 billion in 2012 — less than 1% of the $1.2 trillion inherited that year. Only 1 out of every 700 deaths results in paying the federal estate tax today. The vast majority of estates — 99.9% — do not pay federal estate taxes. While the top estate tax TAXES AND SPECIAL INTERESTS Taxes and Special Interests. Thirty corporations spent $476 million to lobby Congress over three recent years. Their investment paid off: They dodged $68 billion in federal taxes. Corporations have learned that they can write the rules in their favor by keeping lobbyists on Capitol Hill, and by contributing to the campaigns of politicians. U.S. BILLIONAIRES BY THE NUMBERS, TRACKING BILLIONAIRES The top three federal campaign contributors from the 1990 to 2020 election cycles account for more than 35% of the $2.1 billion total contributed by billionaires. They are Sheldon and Miriam Adelson ($308.4 million, or 14.4%), Tom Steyer and Kathryn Taylor ($274.6 million, or 12.8%), and Michael Bloomberg ($180.7 million, or 8.4%). ONE-YEAR ROUNDUP OF BILLIONAIRE WEALTH GROWTH … For the past year, Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS) have tracked the wealth growth of America’s billionaires since March 18, 2020, the rough beginning of CORPORATE INVERSIONS Corporate Inversions. Corporations like Burger King and medical device maker Medtronic are planning to desert America by becoming foreign corporations. They plan to do this by buying a foreign company, and by changing their corporate address on paper to a tax haven country. It will let them avoid paying billions of dollars in U.S. taxes.JOB ANNOUNCEMENT
POSITION SUMMARY. Americans for Tax Fairness and Health Care for America Now, national coalitions active on high-profile federal tax reform and health care issues at the national and state levels, are seeking a digital organizer with two years or more of experience in political and/or advocacy communications for a joint organizing project. You must have good communications, KEY FACTS: HOW CORPORATIONS ARE SPENDING THEIR TRUMP … Claims that corporations are sharing a big slice of their huge Trump tax cuts with employees through bonuses and wage hikes are mostly hype, the “Trump Tax Cut Truths” website of Americans for Tax Fairness (ATF) has determined. Following are key facts gleaned from the data.All data are estimates based on reports provided bycorporations,
9 REASONS CORPORATIONS SHOULD PAY THEIR FAIR SHARE OF 9. Americans strongly support requiring corporations to pay their fair share of taxes. 64% of voters believe that large corporations should pay more in taxes than they do now. 78% of voters believe that making sure big corporations pay their fair share of taxes is an important budget goal (55% extremely important), and 80% say the same about HOW TRUMP BENEFITS FROM THE NEW TRUMP-GOP TAX LAW President Trump’s business is a collection of 500 pass-through entities. The Trump-GOP plan allows pass-through business owners to deduct 20% of their pass-through business income from their taxable income, which will lower the top effective tax rate to as low as 29.6% —7.4 percentage points below the new 37% top marginal tax rate. HOME - AMERICANS FOR TAX FAIRNESSABOUTISSUESREPORTSBLOGMEDIAPRESSRELEASES
FACT SHEET: BIDEN’S PLAN FOR JOBS, INVESTMENTS & FAIRER TAXES To create an economy that works for all of us, President Biden will make corporations and the wealthy pay their fair share of taxes. AMERICAN BILLIONAIRES BY THE NUMBERS, TRACKING THEIR The total wealth of U.S. billionaires grew by $1.3 trillion during the roughly first eleven months of the coronavirus pandemic -- a 44% spike in wealth. This increase in wealth is more than it would cost to send a stimulus check of $3,900 to every one of the roughly 330 million people in America. The U.S. added 50 billionaires during this period, increasing from 614 to 664.TRUMP-GOP TAX SCAM
Americans for Tax Fairness, Frank Clemente, Executive Director “This monstrosity is not tax reform. It’s a money grab by the richest 1% and the wealthiest corporations, period. It will be paid for by raising taxes on millions of working families and raiding Social Security, Medicare, Medicaid, and other critical services they cherishand depend on.
CONTACT - AMERICANS FOR TAX FAIRNESSAMERICAN FOR TAX FAIRNESS ARTICLESAMERICANS FOR TAX FAIRNESS BIASAMERICANS FOR TAX REFORM BIAS Got a question, comment, or suggestion? Let us know. Americans for Tax Fairness 1101 17th Street NW, Suite 301 Washington, D.C. 20036 Phone: (202) 506-3264 Press contact Chris Fleming Email: chris@redhorsestrategies.com Snail mail and phone calls are not your WASHINGTON BILLIONAIRES GOT $151 BILLION RICHER OVER FIRST Gains of 13 Richest Residents Could Cover State’s $3 Billion Budget Shortfall Fifty Times Over & Still Leave Billionaires as Rich as They Were Before Pandemic State Wealth Tax Getting Hearing in Legislature Today Could Raise Billions a Year While Barely Slowing the Growth of Billionaire Wealth The collective wealth of Washington State’s 13 known billionaires jumped by $151.2 billion, or 47 FACT SHEET: CORPORATE TAX RATES Key Facts Corporate share of federal tax revenue has dropped by two-thirds in 60 years — from 32% in 1952 to 10% in 2013. General Electric, Boeing, Verizon and 23 other profitable Fortune 500 firms paid no federal income taxes from 2008 to 2012. 288 big and profitable Fortune 500 corporations paid an average effective FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
KOCH BROTHERS COULD $1.4 BILLION TAX CUT FROM THE LAW THEY A new analysis by Americans for Tax Fairness estimates that Charles Koch and David Koch and/or Koch Industries could save between $1 billion and $1.4 billion combined in income taxes each year from the Trump tax law―and that doesn’t even count how much the brothers might save in taxes on offshore profits or how much their heirs will benefit from weakening the estate tax.JOB ANNOUNCEMENT
POSITION SUMMARY. Americans for Tax Fairness and Health Care for America Now, national coalitions active on high-profile federal tax reform and health care issues at the national and state levels, are seeking a digital organizer with two years or more of experience in political and/or advocacy communications for a joint organizing project. You must have good communications, THE PROMISE: IT WILL BE A MIDDLE-CLASS TAX CUT “Our framework ensures that the benefits of tax reform go to the middle class, not to the highest earners.” – President Trump, Oct. 11, 2017 “The rich will not be gaining at all with this plan.” – President Trump, Sept. 13, 2017 HOME - AMERICANS FOR TAX FAIRNESSABOUTISSUESREPORTSBLOGMEDIAPRESSRELEASES
FACT SHEET: BIDEN’S PLAN FOR JOBS, INVESTMENTS & FAIRER TAXES To create an economy that works for all of us, President Biden will make corporations and the wealthy pay their fair share of taxes. AMERICAN BILLIONAIRES BY THE NUMBERS, TRACKING THEIR The total wealth of U.S. billionaires grew by $1.3 trillion during the roughly first eleven months of the coronavirus pandemic -- a 44% spike in wealth. This increase in wealth is more than it would cost to send a stimulus check of $3,900 to every one of the roughly 330 million people in America. The U.S. added 50 billionaires during this period, increasing from 614 to 664.TRUMP-GOP TAX SCAM
Americans for Tax Fairness, Frank Clemente, Executive Director “This monstrosity is not tax reform. It’s a money grab by the richest 1% and the wealthiest corporations, period. It will be paid for by raising taxes on millions of working families and raiding Social Security, Medicare, Medicaid, and other critical services they cherishand depend on.
CONTACT - AMERICANS FOR TAX FAIRNESSAMERICAN FOR TAX FAIRNESS ARTICLESAMERICANS FOR TAX FAIRNESS BIASAMERICANS FOR TAX REFORM BIAS Got a question, comment, or suggestion? Let us know. Americans for Tax Fairness 1101 17th Street NW, Suite 301 Washington, D.C. 20036 Phone: (202) 506-3264 Press contact Chris Fleming Email: chris@redhorsestrategies.com Snail mail and phone calls are not your WASHINGTON BILLIONAIRES GOT $151 BILLION RICHER OVER FIRST Gains of 13 Richest Residents Could Cover State’s $3 Billion Budget Shortfall Fifty Times Over & Still Leave Billionaires as Rich as They Were Before Pandemic State Wealth Tax Getting Hearing in Legislature Today Could Raise Billions a Year While Barely Slowing the Growth of Billionaire Wealth The collective wealth of Washington State’s 13 known billionaires jumped by $151.2 billion, or 47 FACT SHEET: CORPORATE TAX RATES Key Facts Corporate share of federal tax revenue has dropped by two-thirds in 60 years — from 32% in 1952 to 10% in 2013. General Electric, Boeing, Verizon and 23 other profitable Fortune 500 firms paid no federal income taxes from 2008 to 2012. 288 big and profitable Fortune 500 corporations paid an average effective FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
KOCH BROTHERS COULD $1.4 BILLION TAX CUT FROM THE LAW THEY A new analysis by Americans for Tax Fairness estimates that Charles Koch and David Koch and/or Koch Industries could save between $1 billion and $1.4 billion combined in income taxes each year from the Trump tax law―and that doesn’t even count how much the brothers might save in taxes on offshore profits or how much their heirs will benefit from weakening the estate tax.JOB ANNOUNCEMENT
POSITION SUMMARY. Americans for Tax Fairness and Health Care for America Now, national coalitions active on high-profile federal tax reform and health care issues at the national and state levels, are seeking a digital organizer with two years or more of experience in political and/or advocacy communications for a joint organizing project. You must have good communications, THE PROMISE: IT WILL BE A MIDDLE-CLASS TAX CUT “Our framework ensures that the benefits of tax reform go to the middle class, not to the highest earners.” – President Trump, Oct. 11, 2017 “The rich will not be gaining at all with this plan.” – President Trump, Sept. 13, 2017 FACT SHEET: TAX SUBSIDIES FOR CEO PAY Key Facts Closing the CEO pay loophole would save taxpayers $50 billion over 10 years. Walmart dodged $104 million in federal taxes over the past six years by exploiting the CEO pay loophole. Voters strongly oppose the CEO pay loophole. By nearly 2 to 1 (63% to 34%)they want to
TAXES AND SPECIAL INTERESTS Thirty corporations spent $476 million to lobby Congress over three recent years. Their investment paid off: They dodged $68 billion in federal taxes. Corporations have learned that they can write the rules in their favor by keeping lobbyists on Capitol Hill, and by contributing to the campaigns of politicians. Their lobbying has helped to keep tax loopholes open, pass special corporate tax FACT SHEET: THE ESTATE (INHERITANCE) TAX Key Facts The estate tax raised $8.5 billion in 2012 — less than 1% of the $1.2 trillion inherited that year. Only 1 out of every 700 deaths results in paying the federal estate tax today. The vast majority of estates — 99.9% — do not pay federal estate taxes. While the top estate tax U.S. BILLIONAIRES BY THE NUMBERS, TRACKING BILLIONAIRES $2.1 Billion: Total federal campaign contributions from U.S. billionaires from the 1990 election cycle through May 2020. Most 2020 cycle contributions are likely to flow in the last half of the year. ONE-YEAR ROUNDUP OF BILLIONAIRE WEALTH GROWTH … For the past year, Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS) have tracked the wealth growth of America’s billionaires since March 18, 2020, the rough beginning of AMERICANS FOR TAX FAIRNESS ON BIDEN’S OFFER TO REMOVE … (Washington, DC) Americans for Tax Fairness Executive Director Frank Clemente issued the following statement on news that President Biden has dropped his demand that a bipartisan infrastructure package include an increase in the corporate income tax rate to 28%: “It appears that President Biden has not abandoned his campaign pledge to raise the corporate income CORPORATE INVERSIONS Corporations like Burger King and medical device maker Medtronic are planning to desert America by becoming foreign corporations. They plan to do this by buying a foreign company, and by changing their corporate address on paper to a tax haven country. It will let them avoid paying billions of dollars in U.S. taxes. It’s what’sJOB ANNOUNCEMENT
POSITION SUMMARY. Americans for Tax Fairness and Health Care for America Now, national coalitions active on high-profile federal tax reform and health care issues at the national and state levels, are seeking a digital organizer with two years or more of experience in political and/or advocacy communications for a joint organizing project. You must have good communications, 9 REASONS CORPORATIONS SHOULD PAY THEIR FAIR SHARE OF Big corporations are aggressively pushing two types of “tax reform.” One is “revenue-neutral” reform that closes loopholes and limits deductions and uses the savings to lower the corporate income tax rate from the current 35 percent to as low as 25 percent. This means corporations would not contribute a dime towards deficitreduction or to
HOW TRUMP BENEFITS FROM THE NEW TRUMP-GOP TAX LAW Despite his false claim that his tax plan would “cost me a fortune,” President Trump will undoubtedly be among the very wealthy who will benefit enormously from his tax plan.Several elements will be particular boons to Trump and his family. Trump’s exact tax savings are difficult to estimate since he has refused to release his tax returns unlike every other president over the last 40Toggle navigation
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