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Posted inUS

US Billionaires Wealth Surged by 70% During the Pandemic; They Are Now Worth a Combined $5 Trillion

WASHINGTON October 18, 2021 – America’s billionaires have grown $2.1 trillion richer during the pandemic, their collective fortune skyrocketing by 70%—from just short of $3 trillion at the start of the COVID crisis on March 18, 2020, to over $5 trillion on October 15 of this year, according to Forbes data analyzed by Americans for […]

Posted inUS

Net Worth of U.S. Billionaires Has Soared by $1 Trillion — to Total of $4 Trillion — Since Pandemic Began

December 10, 2020 – The collective wealth of America’s 651 billionaires has jumped by over $1 trillion since roughly the beginning of the COVID-19 pandemic to a total of $4 trillion at market close on Monday, December 7, 2020. Their wealth growth since March is more than the $908 billion in pandemic relief proposed by a bipartisan […]

Posted inUS

$407 Billion in Corporate Stock Buybacks: How Businesses in Your State Are Spending Trump Tax Cuts

Washington, D.C. May 11, 2018 – Americans for Tax Fairness released the latest updates on the Trump Tax Cut Truths website detailing how businesses are spending their tax savings since the passage of the Tax Cut and Jobs Act. The updates include a searchable map allowing you to easily find out how corporations headquartered in each state […]

Posted inUS

Americans for Tax Fairness: 9 Terrible Things About the Republican Tax Plan

Nov. 6, 2017 – Puts corporations over healthcare. Corporate tax rate is slashed from 35% to 20%, losing $1.5 trillion—equal to the cuts Republicans plan to make to Medicare and Medicaid. Puts Wall Street over seniors. Hedge funds, law firms, and real estate companies like Trump’s get a $448 billion tax cut from the drop (from 39.6% to 25%) in the […]

Posted inUS

Tax Coalition Urges House Ways & Means Committee to Approve Release of Trump Tax Returns in Vote Today

WASHINGTON, D.C. March 28, 2017 – Members of the House Ways and Means Committee have a chance to stand up for accountability, transparency and honest government today, as the Committee is scheduled to vote on a resolution to direct the Treasury Secretary to provide President Trump’s federal tax returns to Congress. “This is an issue […]