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This is literally what you call stealing from the poor to give to the rich.

🚨 NEW: CBO report shows another round of Trump's tax cuts for the wealthy will shrink our economy and explode the national debt. Republicans want more of these reckless cuts that allow billionaires to keep paying lower rates than nurses and plumbers.

The estate tax is broken. The CEO of Nvidia is on pace to avoid roughly $8 billion in taxes. Today the estate tax is the weakest it has been in its century-plus history. nytimes.com/2024/12/05/bus…

Another loophole that favors the extremely wealthy. Most working Americans are required to contribute to Medicare. But billionaires have found a way to opt out. propublica.org/article/medica…

The average state in America taxes low-income residents at HIGHER tax rates than their richest residents. The lowest-income 20% pays an average state and local tax rate of 11.4%. The top 1% pays an average 7.2%. What are we doing here?

Trump and Republicans intend to shove a huge bill through on party lines by April. Folks, they're telling us exactly what their priorities are. —Tax breaks for the wealthy and corporations —Deregulating Big Oil and Gas —Going after immigrants It's going to cost us trillions.

Trump’s plan to make most of his 2017 tax law permanent would disproportionately benefit the richest Americans. The plan includes all major provisions except the $10,000 SALT cap which Trump has indicated he would not extend. itep.org/trump-tax-law-…

NEW: Trump's 2017 tax cuts delivered a cut for the richest 0.1% of Americans that was 277x larger than the one teachers and firefighters got, nearly doubling U.S. billionaire wealth. Lawmakers must prevent a repeat in 2025. Lindsay Owens of @groundwork: otherwords.org/trump-plans-a-…

States that pitch themselves as "low tax" are really just helping out the rich.

Effective tax rates before and after the Trump tax law: Verizon Before: 21% After: 8% Walmart Before: 31% After: 17% AT&T Before: 13% After: 3% Walt Disney Before: 26% After: 8% FedEx Before: 18% After: 1% This is what a corporate giveaway looks like.

Walmart paid $9 billion less in taxes after Trump's tax cuts. Target paid $3 billion less. Verizon paid $10 billion less. AT&T paid $8 billion less. Notice how those tax breaks didn't incentivize any of these corporations to lower prices? Corporate tax cuts don't lower costs.

In a fundraising letter, Americans for Prosperity just said the quiet part out loud: "We will work to counter the class-warfare argument that tax cuts are for the 'rich.'" Not debunk or disprove. Their goal is to counter. theguardian.com/us-news/2025/j…

There are plenty of reasons why we're better off without more tax cuts for the rich. Here's a few of them. itep.org/federal-tax-de…

A day without immigrants would also be a day without hundreds of millions of dollars in tax revenue. Undocumented immigrants paid $96.7 billion in federal, state and local taxes in 2022. thehill.com/homenews/race-…

NEW: 1 policy change can boost state tax revenues by nearly $19 billion by cracking down on corporate tax avoidance. Worldwide combined reporting eliminates corporations' ability to shift income to subsidiaries in other states & countries. itep.org/worldwide-comb…

So with tonight's vote GOPs have locked themselves into the "we're taking away your health care to give Elon his tax cut" budget.

House Republicans passed their budget resolution last night. The plan spends TRILLIONS on tax cuts for the rich and corporations. They pay for most of it by gutting Medicaid, SNAP, and education. The rest goes straight to the deficit. What you need to know, a thread 🧵

During his speech to Congress this week, Trump failed to mention his goal of giving huge tax cuts to rich people, his goal of giving huge tax cuts to corporations, or how his tariffs will raise most Americans’ taxes. itep.org/trump-address-…

Treasury Department and IRS officials are predicting a decrease of more than 10% in tax receipts this year compared with 2024. That would amount to more than $500 billion in lost federal revenue. The reason for the loss? Staff cuts and disruptions related to Elon Musk's DOGE.

Using the IRS and its resources for immigration enforcement violates privacy laws and undermines public trust in the agency. It also jeopardizes billions of dollars in tax payments by hardworking immigrant families. commondreams.org/opinion/irs-ic…