Americans For Tax Fairness @4TaxFairness
We’ve been fighting for ten years to build an economy that works for all of us by making the wealthy and corporations pay their fair share in taxes. linktr.ee/4taxfairness United States Joined May 2012-
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If Trump and Republicans cut taxes for the rich again, the rest of us will absolutely be forced to pay for it. Their tax cut extensions are set to cost around $4 trillion. That will turn into cuts to Social Security, Medicare, and lots of other stuff—real quick. Pay attention.
If we made the world’s 3,000 billionaires pay just a 2% wealth tax, we could raise over $300 BILLION every single year. That would help us fight climate change, poverty, and inequality. Brazil, Germany, South Africa and Spain have signed on. It's time America joined them.
Important new report from @iteptweets. Before the Trump tax law, about 50 of the most profitable corporations paid less than 10% in taxes. After the Trump tax law, that number almost doubled. itep.org/corporate-taxe…
Stunning graph: the plummeting tax rates of the richest Americans. For the first time in history, billionaires have a lower effective tax rate than working-class Americans.
This is your May Day reminder that our economy grows when unions thrive and billionaires and big corporations pay their fair share in taxes. We should be building our economy from the middle-out, not the top-down.
Trickle-down economics has never gotten giant corporations to share their price-gouging profits and corporate tax breaks with their workers. That's what unions are for. #MayDay
“Trickle-down” is the single biggest scam in US history. #UnionsForAll
"Trump and his leading economic advisers claimed that the benefits of the bill would trickle down, resulting in substantial gains for U.S. workers and their families .... Instead, the law provided the largest tax cuts to the wealthy and profitable corporations." cc: @amprog
The benefits of corporate rate cuts in the Trump tax law did not trickle down. One study found that “earnings do not change for workers in the bottom 90%." More from @jeanmarionross here: americanprogress.org/article/the-ta…
In 2022, the 200 largest corporations in America paid more than $1.1 TRILLION in profits out to wealthy shareholders. Corporations can 100% afford to pay workers fairly AND pay their fair share in taxes. Pass it on. #MayDay
How do we know Trump's "big, beautiful" tax cuts were skewed to the rich? We’ve seen the math. The highest-income 1% are getting an average $61k tax cut per year. The top 0.1% are getting $252k. The bottom 60% of families are getting less than $1.25 per day. It's a scam.
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The Trump tax scam isn't just about slashing taxes for wealthy and corporate donors. It's about blaming the deficit those tax cuts create on Social Security and Medicare. It's about cutting investments in working families to pay for high-end tax cuts. It's completely sinister.
Happy May Day! Solidarity with every worker standing up to corporate exploitation and organizing for a living wage, dignified working conditions, and robust benefits. If the past few years have shown us anything, it's that workers are fed up and ready to build power.
The #MoralMovement mobilizes, organizes, and raises our voices and our votes for strong labor rights year round. This #MayDay, join the labor movement in the fight for a better world for all of us.
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This year, many taxpayers could skip companies like TurboTax (+ their junk fees) and file directly with the IRS. Here’s how it went: 💰 They saved an estimated $5.6 million in tax prep fees 💸 They got over $90 million in refunds 👍 9 in 10 gave Direct File a positive review
The IRS’ challenge to TurboTax and H&R Block is working qz.com/irs-direct-fil…
Wall Street hedge fund managers shouldn't be allowed to pay a lower tax rate than working families. But that's exactly what the carried interest tax loophole allows them to do. These are the loopholes we're talking about closing when we say tax the rich.
Large, profitable corporations are now paying lower tax rates than working families in America. Donald Trump and Republicans have pledged to cut taxes for these corporations even further—while threatening Social Security, Medicare, and other programs for millions. Priorities.
Between 2018 and 2022, Tesla paid its top executives $2.5 billion and paid $0 in federal income taxes. Tesla's board is actively fighting for a $47 billion pay package for Elon Musk. And they just announced layoffs of about 10% of their workforce. Tax corporate greed.
Last week, Tesla announced that they were laying off around 10% of their workers. Between 2018 and 2022, Tesla made $4.4 BILLION in profits—and they paid their top executives $2.5 BILLION. They also paid $0 in federal income taxes. Corporate greed is out of control.
Closing just one loophole that allows hedge fund managers to pay a lower tax rate than working families would raise $6.5 BILLION. That's $6.5 billion we could invest in working people, instead of mega-yachts for Wall Street plutocrats. Close the carried interest loophole.
Happy International Workers Day, May 1. Remember that it grew from the fight for the 8 hour day here in the United States. This May Day remember by keeping up the fight at work, in the streets, and on campus. There is still a world to win.
This International Workers' Day, we celebrate the strength and solidarity of the labor movement and our historic year of building worker power across the country – and we renew our call for worker justice around the world. #MayDay
Shoutout to all the working people around the globe who are celebrating #MayDay by demanding justice and creating good trouble when greed, bigotry, and authoritarianism try to silence us. #UnionsForAll
When corporations raise prices, why is it we blame workers fighting for wages high enough to pay their bills, but don't blame the CEOs taking home record millions in pay packages?
We have loopholes for corporations that ship jobs overseas. We have loopholes for corporations to dodge taxes by hiding money in the Cayman Islands. We have loopholes for billionaires to pay lower tax rates than the rest of us. It's not "trickling down." Close the loopholes.
Don't let any Republicans get away with crying about the debt. Their tax cuts skewed to the wealthy and corporations under Bush and Trump have added $10 trillion to national debt. And they want to add another $4 trillion by extending the Trump tax scam.
Republicans are pretending to care about American jobs in today's Ways & Means hearing like they didn't pass (and are trying to extend) the GOP Tax Scam...