No Tax Cuts for the Rich

Target: Donald Trump, President of the United States

Goal: Remove tax cuts for the rich and corporations from your proposed tax plan.

U.S. President Donald Trump is currently trying to drum up support for his proposed tax reform, which he says will dramatically reduce taxes. There’s just one catch: the tax cuts aren’t for you. Nearly half the cuts (40 percent) will go directly to the richest 1 percent of earners, according to a study by the nonpartisan Tax Policy Center. Meanwhile, middle class Americans in the middle one-fifth income bracket will receive a gain of 3.3 percent. The reform will also be a disaster for anyone concerned about the national debt, with federal revenue set to lower by $7.8 trillion over just the first decade of the reform. Trump claims his corporate tax cuts will create jobs, though that’s also bogus, according to the Institute on Tax and Economic Policy. In a recent study, the center found major companies don’t use tax cuts to hire more workers; instead, they mostly use the extra money to give executives raises and buy back stock.

If you’re not falling for Trump’s bait and switch, sign our petition demanding zero tax cuts for the rich and big business.

PETITION LETTER:

Dear President Trump,

Your tax plan would provide one of the biggest tax cuts in U.S. history – but ordinary Americans will barely see a cent of it. Instead, your proposed reform is little more than a handout to the richest 1 percent and large corporations. All the while, federal revenue is set to drop by nearly $8 trillion over the next decade under your plan. No doubt, this funding shortfall will inevitably be used by Republicans eager to justify more cuts to public services.

We have no problem with tax cuts for the poor and middle class, but the richest of the rich don’t need any more money. If anything, the rich should be taxed more, not less.

Sincerely,

[Your Name Here]

Photo Credit: Takver

Sign the Petition

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5 Comments

  1. Gen Lovyet Agustsson says:

    make you pay for it.

  2. Anne Moeller Anne Moeller says:

    Do not cut taxes for the rich- INCREASE them!!!!!

  3. The rich don’t need tax breaks. These top 1% do nothing other than take and take. They barely give anything back. They don’t help humans, animals or the environment. And all of these facts such as working harder than us is untrue, or being smarter than us is also untrue. They should get tax increases, that will make the world a better place!.

  4. Wendy Morrison says:

    The RICH PEOPLE should be PAYING MORE TAXES than any other group of taxpayers!!!! ONLY FAIR!!!

  5. I totally agree with all the above statements. Signed and shared

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