|Did you discover that your tax refunds are far smaller than expected?|
Petition to Democratic elected officials and candidates:
"You must repeal the Trump tax cuts that mostly benefit corporations and the richest 1%. It is time for corporations and the wealthiest Americans to pay their fair share. We need trillions of dollars in new revenues over the next 10 years to protect critical services like Social Security, Medicare and Medicaid, which benefit working families, and to make new investments in education, housing, infrastructure, a Green New Deal and more, to meet our nation’s growing needs. We demand an economy that works for all of us, not just the wealthy few."
Add your name:
The admission – buried in the latest economic forecast from the Trump administration – comes as many Americans are angrily discovering that their tax refunds are far smaller than expected, even as corporations hand their million-dollar handouts to rich shareholders.1,2 After making huge promises about the Trump Tax Scam's effects, the White House just admitted it won't actually deliver long-term growth.
The Tax Scam was always immoral, and now America is seeing how many lies Trump told to get it passed. Every single Democrat must commit to repealing this monstrosity.
Corporate Democrats already attacked commonsense proposals for a top 70 percent tax rate from progressive champions like Rep. Alexandria Ocasio-Cortez. Before long, corporate Democrats will propose preserving huge chunks of the Tax Scam in a bid to appease donors. By 2020, it could be difficult for your average voter to distinguish between the party of Trump tax handouts for billionaires and the muddled opposition.
There is no good reason for Democrats to preserve any part of this Tax Scam. It will kill jobs and lower wages by exacerbating income inequality and encouraging growth on Wall Street instead of Main Street.3 On top of that, it is:
Democrats will fail if they become the party of tweaking the Trump Tax Scam. They must draw a clear, dividing line by promising to repeal the Trump Tax Scam in its entirety.
Tell Democrats: Repeal the Trump Tax Scam. Click below to sign the petition:
- Josh Nelson, CREDO Action
Add your name: