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. Follow us on all socials to boost tax fairness ➡️ @4taxfairness
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This is your Labor Day reminder that the richest 10% of households own 93% of all publicly traded stock. Corporate tax cuts are for wealthy shareholders. Studies show that workers got nothing from Trump's last corporate tax cuts. His new ones cost taxpayers $600 billion.
Happy Labor Day! If you have a real job, your taxes get taken out of your paycheck automatically. If you make money off of having money, you can borrow against your wealth, pass it on to your kids, and never pay a dime of taxes. Great system we've got here.
This is your Labor Day reminder that our tax code taxes investment income at a lower rate than income from actual work. The only reason to do that is to make the rich richer.
Trump recently ordered the Department of the Interior to halt work on a huge wind farm. 1,000 union workers had already completed 80% of the project. Now they're fired. He made sure the oil and gas billionaires got their tax breaks, though. Happy Labor Day, I guess.
Don't let anyone who voted for Trump's tax cuts tell you they support workers. Trump's tax code taxes foreign corporate profits at a lower tax rate than domestic profits. That literally encourages corporations to offshore jobs.
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Amazon's CEO got a $6.8 MILLION tax break from Trump in 2017. Walmart's CEO got $6.7 MILLION. Target's got $6.6 MILLION. Every single one of those corporations raised YOUR prices in recent years. Tax cuts for the rich don't trickle down. Wake up.
How to create unlimited wealth and power for you and your wealthy friends Step 1: Win election thanks to billionaire spending Step 2: Steal resources from the American people Step 3: Give billionaires huge tax breaks Step 4: Rig the congressional maps to keep power Repeat.
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Trump handed 7 retail CEOs around $41 MILLION in tax breaks during his first administration. We're talking Amazon, Target, Lowe's, Walmart. You know, all the corporations that raised prices by 26% over the last few years. TAX BREAKS FOR THE WEALTHY ARE A SCAM.
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Retail CEOs probably got around $41 MILLION in tax breaks from Trump between 2018 and 2024. They raised prices by 26% over that same period. Say it with me. Millionaire CEOs do NOT need tax breaks, and corporate tax breaks do NOT trickle down.
I personally love that this is happening because we just had to give the richest people on the planet more tax breaks. Great stuff.
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The whole point of the American dream is that if you work hard you won't be left behind. But these folks are about to get screwed because they work hard for a company that doesn't pay them enough. And their healthcare money is getting funneled straight to those companies' CEOs.
The NRA should not have tax-exempt status. The NRA should not have tax-exempt status. The NRA should not have tax-exempt status. The NRA should not have tax-exempt status.
TurboTax and H&R Block would really hate it if you went and told the IRS that you want a free, online option to file your taxes directly with the IRS... 👀👉: irsresearch.gov1.qualtrics.com/jfe/preview/...
They're cutting a bunch of stuff we all care about so the wealthy can have tax breaks. Education. Public parks. Healthcare. Unions. Social Security. PBS. Veterans assistance. We want to hear about how you've been impacted. Send us a DM or reply and share your story ⬇️
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Over HALF of a SINGLE county is about to have their healthcare cut or ripped away. And it's happening so the wealthy can have more tax breaks. The rich having more money doesn't do one damn thing for the rest of us. But taking healthcare from millions will screw us all over.
Grandparents will be kicked out of nursing homes. People will have to choose between medical bills and groceries. Student loan bills are going to rise. All so billionaires can have more tax breaks. Have you been affected by the budget bill? DM us. We want to hear your story.
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Jamie Dimon made $487 million in the seven years after Trump lowered the top income tax rate. That alone probably saved him around $13 million in taxes. Now you tell me, did the CEO of the richest bank in America need $13 million more than our schools and healthcare system?
Republicans just passed a bill that cuts all the stuff we care about to pay for tax breaks for the rich. People hate it. Like, really hate it. Just in case you wondered why red states are scrambling to rig congressional maps before midterms. They don't want to face the voters.
The IRS wants feedback on free online filing 👀 Everyone should go let them know that we want a free, online option to file directly with the IRS. Unless you're like, happy spending an average $250 and 13 hours filing with H&R Block and TurboTax... irsresearch.gov1.qualtrics.com/jfe/preview/...
If I had passed a bill that cut healthcare for millions in order to fund trillions in tax breaks for the richest people in America, I'd be extremely nervous about hearing from voters in midterms. I'd probably beg Texas to rig the map so I could keep my majority. Just saying.
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Inflation rose by 22.6% from 2019-2024. In that same period, the 100 lowest-paying corporations paid their CEOs 34.7% more. They only raised employee pay by 16.3%. But they spent $644 BILLION on self-enriching stock buybacks. TRICKLE-DOWN IS A SCAM.
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Does anyone have any idea why Jamie Dimon needed another $12 million tax break so bad that we had to cut Medicaid to do it? I'm genuinely asking.
via @ips-dc.org ips-dc.org/report-execu...
CEO pay vs. median employee Home Depot CEO: $15.6 million Workers: $35,196 Nike CEO: $29.2 million Workers: $38,462 Starbucks CEO: $95.8 million Workers: $14,674 Target CEO: $20.4 million Workers: $27,090 Walmart CEO: $27.4 million Workers: $29,469 See the problem?
via @ips-dc.org ips-dc.org/report-execu...
Inflation rose by 22.6% from 2019-2024. In that same period, the 100 lowest-paying corporations paid their CEOs 34.7% more. Worker pay didn't even keep up with the rate of inflation. Those corporate tax breaks will never, ever, ever trickle down. WE ARE BEING SCAMMED.
via @ips-dc.org ips-dc.org/report-execu...
From 2019-2024, Lowe's spent $46.6 BILLION on stock buybacks. That's enough to give each of its 273k employees a $28k bonus for the next six years. Instead, it paid its CEO 659x what it paid median employees. And we STILL think corporate tax breaks will magically trickle down?
via @ips-dc.org ips-dc.org/report-execu...
The 100 lowest-paying corporations in the S&P 500— Amazon, DoorDash, Lowe's, McDonald's—pay their CEOs 632x what they pay workers. CEOs made an average $17.2 million. Workers made $35,570. Guess which of those just got a massive tax break.
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Are we really cool with our government handing 12 Wall Street bankers $52 million with absolutely no idea what they'll do with it and a vague promise that it'll all trickle down eventually? Really?
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The CEOs of the 12 biggest banks on Wall Street probably got $53 MILLION in tax breaks from the first Trump administration. The American Bankers Association lobbied to keep those tax breaks going. That's exactly what Trump just signed and said was for you.
via @protectourcare.org www.protectourcare.org/hospital-cri...
Billionaires bought elections for politicians who would give them tax breaks at any cost. We now know what that cost is. More than 330 hospitals are projected to close or make cuts because Trump offset his tax breaks for the rich with cuts to Medicaid and the ACA.
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Thanks to a Trump loophole, SpaceX will basically never have to pay federal income taxes to the United States again. Federal contracts make up almost 84% of SpaceX's revenue. It's pretty simple. They are using the tax code to rip us off.
Everyone complaining about the Legionnaires' outbreak in Harlem just doesn't understand that we had to cut Medicaid because billionaires needed more tax breaks. ...You guys hear how that sounds, right?
"When billionaires do well, we all do well." Really? Because billionaires have been getting richer for decades—and no one can afford a house and groceries are more expensive than ever. But I'm sure more of the same trickle-down economic BS will do the trick this time. 🙄
Trump just spent $4 trillion on tax breaks skewed to the wealthy and corporations. Every cut he makes from here on out is paying for that. Remember that when he comes for your schools, your food inspections, your healthcare, your weather alerts, and your clean air and water.
These are all the hospitals in America that are already facing cuts and closures so Trump can give more tax breaks to the rich. via @protectourcare.org
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Massachusetts has $2 BILLION more than they anticipated to spend on education and public transportation thanks to a small 4% surtax on millionaires. We know what we have to do to make life better for regular, working Americans. The billionaires in charge just refuse to do it.
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Ok so get this. SpaceX gets billions of dollars in federal contracts. But thanks to a Trump tax loophole, it can claim billions in "losses" against future taxes—which means it may never have to pay federal income taxes at all. So they take billions and give nothing back? SCAM.
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You wanna talk about waste, fraud, and abuse? We spend billions on contracts with SpaceX, a company that will probably never pay federal income taxes because our tax code is riddled with loopholes created by politicians who were bought by billionaires to make them richer.
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This could be us, but billionaires pay Republicans in DC to GIVE them billions of dollars in tax breaks instead.
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SpaceX racked up $5 billion in profit last year. They made $2.6 billion in 2023. But thanks to a supremely dumb loophole in the tax code, they will basically never have to pay federal income taxes again because of "losses" they took years ago. Follow the money, folks.
Everything costs way too much. These corporations are making money off of us left and right. And the people in charge are telling us that even though we've been waiting for corporate tax breaks to trickle down for forty years, we need to cut corporate taxes even more. WHAT?!
Social Security has been around for 90 years. It's never missed a payment—until now. Trump laid off Social Security workers, and now lines are longer, service is worse, and checks are late. But don't worry—the money they saved is going straight to tax breaks for the wealthy 🤡
You know what's a good way to keep people afloat in a high-cost economy? Stable, affordable healthcare, like Medicaid. Help with groceries, like SNAP. Student debt forgiveness. Clean energy tax credits. Trump is cutting all of that and making you go into debt instead.
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If I had passed tax breaks designed for the wealthy that added $4 trillion to the deficit and preyed on Americans' healthcare, the first thing I'd do is fire the person with the data to show how bad it is. And then I'd hire a trickle-down devotee to lie to everyone. Think.
Social Security is hands down America's most popular government program. The people in charge say we "can't afford" Social Security anymore. But these are the same people who stop paying into the program after they make $176,100. Read that again. Exactly. Scrap the cap.
"Cutting Social Security taxes will be great for me." Really? Because over half the people on Social Security don't make enough to pay taxes on it in the first place. This tax cut is for rich retirees. Cutting their taxes means less money in the program. We can do better.
Trump's tariffs could generate $1.3 trillion in revenue through 2028. Much of that will be squeezed out of your wallet by corporations. Raising the corporate tax rate to just 28% would raise $1.35 trillion and be taken mostly from wealthy shareholders. Everything is a choice.
Trump is celebrating Social Security's 90th birthday with long wait times, missed checks, a shrinking workforce, and customer service replaced with AI chatbots. Anything to free up money to give billionaires tax breaks, right?
It's Social Security's 90th birthday today. This is your reminder that if billionaires paid their fair share into the program, we could afford to expand benefits for everyone. Instead, they're cutting Social Security to pay for tax breaks for billionaires. Make it make sense.
Happy 90th birthday to Social Security! No, the program is NOT "going broke." But it WILL hit a shortfall and be forced to cut benefits in about nine years unless we tax the damn rich. And it sure doesn't help that Trump and Republicans just voted to cut its funding.
Don't let Trump and Republicans celebrate Social Security's 90th birthday today. They literally just passed a budget that will force Social Security benefit cuts in 2032 by cutting taxes for the wealthy.
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40% of Americans are dipping into their savings. 37% are opening credit card debt. Millions can't afford their bills. You know who benefits from all this? Giant corporations. You know who just got a tax break to boost their profits? Giant corporations. WE ARE BEING SCAMMED.
You know things are bad when Trump ousts one of his handpicked, under-qualified goons because they don't want to hand him IRS data to help snatch people off the street. The IRS should be worried about auditing billionaire tax cheats, but Trump took away their funding to do that.
The importer pays the tariff. Corporations will shove that cost off on consumers—and they already are. We could stop corporations from raising prices. But that's not part of this conversation. Instead, those same corporations are getting trillions in tax breaks. Ridiculous.
In case you wondered, Trump's appointed BLS Commissioner is a Heritage Foundation trickle-down devotee. They really want you to think forty years of tax breaks for the rich has worked for you, and that the round of tax breaks they just passed is fixing things. Don't buy it.
It's the reason everything is too expensive. It's the reason you can't get ahead no matter how much you make. Our society puts billionaires first. This Labor Day, we're putting workers over billionaires. It's all kicking off tomorrow. Join us: www.mobilize.us/mayday/event...
Never, ever forget that they slashed billionaire taxes down to practically nothing and then let them make all their money in completely tax-free ways. And then they told you it would be "unfair" to raise taxes on the rich so we can pay for things like healthcare. Insane.
So the guy who cosponsored legislation to abolish the IRS and then went to work for a company that peddled fraudulent tax credits is no longer in charge of the IRS. He lasted just long enough to kill free, direct, online filing. Great system we've got here.
It's about to get a whole lot more expensive to buy a car or get a round of groceries or get the baby gear you need because of tariffs. They're doing all of this on purpose so they could give billionaires tax breaks. I need people to be a whole lot madder about this.
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The Fortune 100 increased their profits by $100 BILLION last year. Meanwhile, they laid off 73,000 workers. These same corporations have spent $3.2 TRILLION on stock buybacks since the last round of Trump tax cuts. Anyone still think corporate tax handouts "trickle down?"
If you don't see how this is fundamentally related to trickle-down economics I don't know if I can help you.
Literal pennies of your taxes go toward helping the people in your community who are struggling. Whole dimes go to subsidizing billionaire playboy mansions and corporate CEO bonuses. They want you to be mad about the first one so you don't think about the second. Wake up.
Thanks to tariffs, Walmart is marking up baby items. Nike is raising shoe prices. The people who make Tide, Pampers, and Oral-B are raising prices by 2.5%. We could have just raised taxes on billionaires and gotten all this revenue. Instead they're taking it from you.
Trump's Department of Labor wants to stop guaranteeing homecare workers minimum wage and overtime pay. This is the same administration that just dropped $4 trillion on tax breaks designed for the wealthy. Just in case you thought any of this was designed to help you.
They are laughing at you for being upset that tariffs are stopping you from buying your kid a new toy, but they moved heaven and earth and added $4 trillion to the deficit to give their billionaire donor tax breaks.
The importer pays the tariffs. Then they pass the cost to you. All the money Trump says he's "raising" is coming out of our pockets. He could have raised all the revenue we ever needed by just making billionaires pay taxes on their income streams. But that's not his bag.
Federal agents board Southern California councilmember's boat, ask for papers
We know there were over $1.5 BILLION in Epstein transactions. But the Treasury Department is refusing to tell us more. THIS is why it was so important to give the IRS funding to investigate the wealthy—and why it's so obviously bad that Trump wants it defunded.
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"When corporations have more money, we get more money." Really? Because the people in charge just cut YOUR healthcare to give price-gouging corporations more tax breaks. The Fortune 100 wasted the last round of corporate tax breaks on $3.2 TRILLION in stock buybacks. Wake up.
Trump's Department of Labor wants to kill the regulation that guarantees homecare workers minimum wage and overtime pay. This is the same administration that just dropped $4 trillion on tax breaks designed for the wealthy. Really makes you think, huh?
Billionaire Leon Black paid Jeffrey Epstein $158 MILLION to help him dodge taxes. Trump recently gutted the IRS department responsible for auditing and investigating the wealthy. I'm sure those two things are unrelated.
All we wanted was lower costs and more money in our pockets. So Trump is ripping healthcare from millions, taking food from hungry kids, stealing public goods, and giving the rich tax breaks. He's hoping you're too focused on Sydney Sweeney and trans athletes to figure it out.
So tax breaks for the wealthy were so important that we had to cut healthcare, take food from hungry kids, and slap $4 trillion onto the deficit. But now they're saying we "can't afford" the funds that were already approved for EPA, NOAA, and the Health Department? Scam.
Things Trump says we "can't afford:" —Medicaid —Food assistance —Environmental protections —Foreign aid —Education —Weather services —Public safety Things Trump will spend trillions on: —Tax breaks for the wealthy —Tax breaks for billion-dollar corporations WE ARE BEING PLAYED.
Trump JUST dropped $4 trillion on tax breaks designed for the wealthy. And now he's trying to take $30 billion from the EPA, NOAA, Interior, and the Health Department. This is 100% him letting people die so he can pay for the handouts to his rich friends. Call it what it is.
I cannot believe they want us to be mad about some immigrant families benefiting from the promise of American healthcare and child assistance when billionaires are paying zero taxes on their massive piles of money and buying politicians to give them even more handouts.