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Tax March Announces Seven-Figure Ad Campaign to Hold Senators and Trump Accountable for 2017 Tax Law

FOR IMMEDIATE RELEASE:
MARCH 24, 2020

PRESS CONTACT:
[email protected]xmarch.org

Tax March Announces Seven-Figure Ad Campaign to Hold Senators and Trump Accountable for 2017 Tax Law 

WASHINGTON, D.C. — Today, Tax March announced a seven-figure ad campaign to hold President Trump and four Republican Senators accountable for their support of the 2017 Tax Cuts and Jobs Act — better known as the Trump tax law — and push back against a coronavirus response bill that gives away billions to corporations without helping working people. 

The first ad, a radio spot called “Alexa,” explains how Sen. David Perdue (R-GA) bought thousands of dollars in Amazon stock just two days after voting for the 2017 Tax Cuts and Jobs Act. 

Why does this matter? Well, thanks to the Trump tax law, Amazon not only paid $0 in federal income tax in 2018 —  the megacorporation actually ended up receiving a whopping $129 million rebate back from the government. What’s more, the firm’s stock price actually jumped after the bill passed, meaning Sen. Perdue made a nice profit off of his vote for the tax law.

“As Congress continues debating the next round of coronavirus relief plans, Tax March will continue to push lawmakers to prioritize  the needs of people, not big corporations,” said Tax March Campaign Director Dana Bye. “The proposal offered by Mitch McConnell last week and supported by Senators Collins, Johnson, Perdue, and Toomey shows that they are still far more concerned with appeasing megacorporations than saving the American people from an unprecedented crisis of global scale. These four senators weren’t sent to Washington to get rich quick, but to support policies that put people’s best interests first — time to do your job, Senators.”

What’s next? This ad comes just a few days after the American people learned Senator Richard Burr (R-NC) and Perdue’s colleague, Senator Kelly Loeffler (R-GA), sold off millions in stock after learning about the potential economic impacts of the coronavirus during a closed door briefing in late January. Tax March also highlighted this scandal in a new video just released on Twitter. Upcoming ads will target Senators Susan Collins of Maine, Ron Johnson of Wisconsin, and Pat Toomey of Pennsylvania.

Join us today in urging every policymaker to Tax the Rich:

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