• Two top economists revealed that, for the first time in the past hundred years, the bottom half of all American earners today pay higher tax rates than billionaires, thanks to the Trump tax cuts.
• Thanks to the Trump tax cuts, a whopping 91 corporations paid $0 in federal income taxes in 2018, including Amazon, Chevron, Halliburton and IBM. Meanwhile, 100 million Americans will see their taxes increase under the Trump tax law but have yet to see wages increase.
• In just the first year of the new tax law, companies spent more than $1 trillion buying their own stocks — a move that used to be considered illegal stock manipulation — to reward their shareholders instead of their employees or consumers.
• This landmark study told us that there were an additional 3.2 million people living in poverty in 2018 than we had previously known, and the real household income for the bottom 20 percent of earners actually declined by nearly 7 percent from 2004 to 2018.
• The Trump-allied right-wing Fifth Circuit Court of Appeals threatened the health care of hundreds of millions of Americans, thanks to a loophole created by the Trump tax cuts.

“Trump can lie about his ‘big wins’ until he goes blue in the face tonight — the fact remains that he has continuously prioritized the wealthy over working people, and the damage to our economy is undeniable. We are in dire need of a tax code that makes the rich and big corporations pay their fair share, and that starts with repealing the disastrous Trump tax cuts for the wealthy.”