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Home Business & Finance Economic Policies

Allies launch $20 million effort to convince working class to back Trump tax ‘cuts’ 2.0 todayheadline

January 13, 2025
in Economic Policies
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Allies launch $20 million effort to convince working class to back Trump tax 'cuts' 2.0
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A right-wing advocacy group founded by the billionaire Koch brothers announced Monday the launch of a $20 million campaign to promote an extension of the 2017 Trump-GOP tax cuts, which disproportionately benefited the rich and large corporations.

But in a 60-second ad that debuted over the weekend, Americans for Prosperity (AFP) characterizes the 2017 Tax Cuts and Jobs Act as a boon to “hardworking Americans” and small businesses—and warns that allowing provisions of the law to expire at the end of this year as scheduled would be disastrous for the working class.

“This year, Congress is facing a countdown to a crisis that threatens family budgets nationwide,” Ross Connolly, AFP’s regional state director, said in a statement Monday. “We are proud to partner with the incoming Trump administration to protect prosperity and ensure that Congress acts.”

AFP is a 501(c)(4) organization that describes itself as a “grassroots” movement despite being launched by Charles Koch and his late brother, David—two of the most notorious right-wing billionaire in U.S. politics.

The group said its new 50-state campaign represents “the largest effort by a conservative organization” to support President-elect Donald Trump’s legislative agenda as he prepares to take office next week. The campaign, according to AFP, will include “over 1,000 meetings” at congressional offices, “in-district events” with activists and lawmakers, and “roundtables with job creators.”

The campaign aims to “reach millions of voters on the phone and at their doorsteps,” AFP said.

“The Trump tax giveaways passed in 2017 did not help working-class Americans. In fact, the top 1% of corporations received almost all of the benefits.”

AFP’s description of the impacts of the 2017 tax law flies in the face of resounding evidence showing that wealthy Americans—not ordinary workers—were the chief beneficiaries and are poised to reap most of the rewards once again if Trump and the Republican-controlled Congress extend the measure’s soon-to-expire provisions.

“Americans for Prosperity is spending $20 million on a new ad campaign that champions the 2017 Trump tax law as a win for working families,” Morris Pearl, chair of the Patriotic Millionaires, told Common Dreams. “But don’t be fooled: What this Koch-backed group is really only after is protecting tax cuts for wealthy people like me.”

“I’m in favor of tax relief for working people, but not yet another huge and unnecessary windfall for America’s rich,” Pearl added. “If Congress wants to help working families, they should make tax rates on labor income the same as tax rates on profits made by investors.”

AFP is one of a number of right-wing, corporate-tied organizations pushing for an extension of the Trump tax cuts, which Republicans are planning to fund by slashing Medicaid, federal nutrition assistance, and other key programs.

The progressive watchdog group Accountable.US noted in a recent analysis that one of the groups pushing for an extension of the 2017 law is Advancing American Freedom, an organization “run by corporate consultants, lobbyists, lawyers, and executives, including former Trump administration officials who were directly responsible for the TCJA.”

Accountable also observes that Club for Growth, a group funded by wealthy conservatives, “has pushed a deeper corporate tax cut plan as an ‘opening salvo’ in the current tax debate.”

“The billionaire funders of the group’s action arm have benefited enormously from the TCJA, saving hundreds of millions of dollars from a single obscure tax break for pass-through entities,” the watchdog added.

In response to AFP’s new nationwide campaign, Accountable.US executive director Tony Carrk told Common Dreams that “a glitzy ad campaign from a far-right organization won’t change the fact that the Trump administration and Republican-controlled Congress are paying for giveaways to billionaires, wealthy tax cheats, and price-gouging corporations by cutting critical services for working families, like Medicaid and SNAP.”

“The Trump tax giveaways passed in 2017 did not help working-class Americans,” said Carrk. “In fact, the top 1% of corporations received almost all of the benefits.”

Watch the ad below:

– YouTubewww.youtube.com

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