Tax Day is coming up—April 17th! From this point forward Tax Day is going to look very different than those in the past few years. Yes, many of us will be making last minute trips to the post office to file our taxes but perhaps more important: We're realizing we were lied to and ignored by those who, led by the White House, pushed through the #TrumpTax plan.
This is the first Tax Day since President Trump and GOP leader in Congress passed the largest tax plan in American history, ringing in with a price tag of $1.5 trillion-—and 83% of it went to mega-corporations, millionaires, and billionaires. Working families were left footing the bill on this one. And all we have to show for it is meager, temporary increases in our paychecks, the inability to itemize our taxes, and for 13 million people—the loss of our healthcare.
While some of us saw small increases in our paychecks this year, don’t get too comfortable with that money: According the well-respected, non-partisan Tax Policy Center, 92 million middle-class families will pay more in taxes by 2027! Meanwhile, mega-corporations and the ultra-wealthy are seeing a windfall! And it’s not temporary. Americans for Tax Fairness found that 129 major companies have been identified as receiving $60 billion in total tax cuts. The #TrumpTax rigs the tax code even more in favor of the wealthiest, including President Trump and Republican donors. Studies show that Trump and his family will receive $11 million or more from these tax breaks, despite his claims that the tax law is “very, very bad” for him.
The vast majority of us never believed the bag of lies President Trump and the GOP were selling us when they rammed this tax package through Congress. In fact, the majority of people polled disapproved of the Trump Tax plan, especially women. Still, we were told time and time again that tax cuts for the wealthy and Wall Street would lead to increased wages and more job creation. Four months later we haven’t seen any of that.
And it’s no surprise: Trickle down economics does not work! History has shown us that and our present is showing us again too. Less than 4% of workers are getting any one-time bonuses or wage increases from their employers. Instead of lifting up their workers and our economy, major corporations are using their windfall to buy back stocks, reward already wealthy stock holders, and giving out executive bonuses. And companies are still closing stores and laying off workers despite their tax savings. This doesn’t help me, it doesn’t help you, and it certainly doesn’t help our economy!
It’s easy (we’ll walk you through every single step) and fast—but has a big impact. You taking a moment to write a Letter to the Editor right now will educate your community and send a strong signal to Congress that their constituents are fed up with being left out of major policies that impact our families and our economy. Plus: Members of Congress pay special attention to their local newspapers!
This Tax Day (next week!) we want to flood our local papers with people speaking out against the Trump Tax cuts for wealthy corporations and the ultra-wealthy. Our voices and our families have been ignored long enough—if we all join together, speak out, and write letters a strong message will be sent!
The pre-drafted letter (which you can edit when you click through to the link!) simply says:
“As Tax Day approaches it is important to point out just how much working families were left out of the $1.5 trillion deal pushed by President Trump and passed in December. We were promised “big” tax cuts, increase in our wages, and “major” job creation.
Instead 13 million people have had their healthcare taken away, most of us have seen meager, temporary increases in our paychecks (which will turn to tax increases in the next decade), and the inability to itemize our taxes.
Meanwhile, 129 major companies have been identified as receiving $60 billion in total tax cuts. Yet less than 4% of workers are getting any one-time bonuses or wage increases from their employers. If we have learned anything this Tax Day it is: Trickle down economics does not work and they never have in the past! This year, mega-corporations are getting a tax windfall and instead of creating jobs or meaningfully increasing wages, most of them are doing what we expected: Buying back stocks, rewarding wealthy stock holders, and giving out executive bonuses.
And now Republicans in Congress are talking about creating barriers to Medicaid and SNAP in order to create “savings” and pay for all of this. I’m not buying it! It’s time that working families become the focus of our nation’s policies. It’s time to repeal the Trump tax cuts for mega-corporations and billionaires!”
After you click the link to send your letter to the editor, please share this blogpost with friends—and also post the action link on Facebook. The more of us who send letters, the bigger the impact we’ll have in making our voices heard this Tax Day.
Thank you for continuing to stand up for working families and a tax system that works for all of us!
P.S. Join us on Tax Day, Tuesday, April 17th from 2-3pmET for a virtual protest during the #TaxDayProtest Twitterstorm! We’ll be sharing facts, graphics, and raising our voices to speak out against the Trump tax cuts for billionaires and Wall Street. Just use #TaxDayProtest.
P.P.S. We would love to hear how you and your community have been impacted by the #TrumpTax so far. Share your thoughts with us here.