End Special Tax Breaks for Big Corporations and the Ultra-wealthy
Another budget showdown is looming. Extremist Republicans continue to fight for cuts to Social Security, Medicare and other vital programs like food stamps and Head Start while protecting tax breaks for big corporations and the wealthiest Americans.
The GOP is even protecting a huge tax break for corporations that ship our jobs overseas! Ending just this one tax break would raise $606 billion over 10 years -- 15 times the proposed GOP cuts to Food Stamps.
Tell Congress: Don't cut Medicare, Social Security and vital programs like Food Stamps. End special tax breaks for big corporations and the ultra-rich instead.
We ask that you support only tax provisions that adhere to these four points:
It’s time to stop tax dodging by corporations and the wealthy, and invest in our people and communities.
- Raise $1 trillion in new revenue from the wealthy and corporations over 10 years and use it to prevent any cuts to critical programs and services, like Social Security, Medicare, Food Stamps and education.
- Make corporations pay their fair share of taxes. While corporate profits are at a 60-year high, the average corporate tax rate is just 12.6% - a third of their official tax rate.
- End tax breaks that encourage corporations to ship jobs and profits overseas.
- Eliminate loopholes that benefit primarily the wealthy.
It’s time to stop tax dodging by corporations and the wealthy, and invest in our people and communities.
(and confirm USAction/TrueMajority membership)