More Evidence the Republican Tax Scam Leaves American Families Behind

The Huge Giveaway to the Rich Does Not Trickle Down

  • Bank of America’s bonuses to workers cost about 5% of its tax savings in 2018 alone.
  • Apple’s bonuses cost less than 1% of its tax savings from a single provision.
  • Walmart spent six times more to buy back debt and benefit shareholders, than it did on bonuses and wage increases.

The Massive Tax Cut for Corporations Benefits Shareholders, Not Workers

Companies’ Bonus and Wage Increase Announcements Tell Us Nothing About the GOP Tax Law’s Impact on Workers

The Republican Tax Scam Does Not Pay for Itself

  • Higher federal debt and borrowing costs.
  • Difficulty for state and local governments to afford services in higher-tax areas.
  • Lower home values due to reduced tax incentive for home ownership.

Next Up: Target Benefits American Families Rely On

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Fighting for budget priorities that reflect the values of families across the country.

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House Budget Committee Majority

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Fighting for budget priorities that reflect the values of families across the country.

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