For Immediate Release
Day 10 of '12 Days of Tax Scam: Did 'Everybody' Really Get a Big Tax Cut?
On the tenth day of tax scam, president Trump said to me…..
“Republicans passed the biggest tax cuts in American history, the biggest in American history. Everybody in this room is better for them. Everybody is better for them.”- Donald Trump, July 5, 2018
WASHINGTON - “Everybody in this room?” He must have been speaking to a roomful of white people. Because the Trump-GOP tax cuts disproportionately benefit white Americans at the expense of other racial groups. In 2020, whites will make up 67% of tax filers but will garner 79% of the tax cuts. On the other hand, African Americans will comprise 10% of all filers yet only receive 5% of the benefits. Latinx will be 12% of filers but get only 7% of the tax savings.
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Americans for Tax Fairness (ATF) is a diverse campaign of more than 425 national, state and local endorsing organizations united in support of a fair tax system that works for all Americans. It has come together based on the belief that the country needs comprehensive, progressive tax reform that results in greater revenue to meet our growing needs. This requires big corporations and the wealthy to pay their fair share in taxes, not to live by their own set of rules.