John,
Donald Trump’s inauguration is just days away, and our latest report reveals the staggering influence of billionaires, crypto executives, and major corporations in bankrolling the event. These wealthy donors are making strategic investments to secure tax breaks, deregulation, and policies that protect their wealth at our expense.
Their contributions are a big part of the unprecedented $170 million raised to fund Trump’s festivities.[1][2] Among the biggest donors is one crypto executive who gave $5 million of his company’s digital cash to curry favor and dodge regulation. Apple’s Tim Cook, Amazon, and OpenAI’s Sam Altman chipped in millions more to ensure their interests stayed front and center in Trump’s tax-and-spending priorities.
These donors know exactly what they’re buying: massive tax cuts for the ultra-rich and policies that will let corporations keep billions in profits while ordinary Americans pay the price. Trump’s 2017 tax law slashed corporate rates and left loopholes wide open for billionaires, draining resources that now threaten vital public services like Social Security, Medicare, and Medicaid.
This is what happens when billionaires and big corporations bankroll politicians. It’s a strategy to preserve their power and expand their wealth, no matter the cost to working families.
Our research and activism will be even more critical as Trump takes office. Can you chip in $15, $20, or more to fight back against billionaire and corporate greed, and demand a tax system that works for everyone?
Trump and his allies are already gearing up to double down on these policies. They’re pushing to make their 2017 tax scam permanent, locking in trillions of dollars in giveaways to the wealthy and corporations for decades to come.[3]
And their donors? They’re counting on him to keep delivering tax breaks for the wealthy and weak oversight that will allow them to continue evading what they owe in taxes.
Crypto billionaires want to escape regulation. Oil companies want tax subsidies. Wall Street wants to keep loopholes that let it wheel and deal, threatening our economy and jobs. And they all want an underfunded IRS that is unable to crack down on wealthy and corporate tax cheats.
They’ve all bought a seat at the table, leaving working families to pay for a rigged system that caters to their greed.
This is why our fight is so critical. We’re building a grassroots movement to demand real tax fairness: closing billionaire loopholes, ending special treatment for corporate profits, and ensuring the wealthiest finally pay what they owe.
But we can’t do it without you. Make a donation to fuel the fight to expose corruption and demand a tax system that puts working people first. Every dollar helps us hold billionaires and corporations accountable.
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Together, we can stop this cycle of greed.
David Kass
Executive Director
Americans for Tax Fairness
[1] Big Firms & Billionaires Curry Favor With Trump By Giving Millions For His Inauguration Festivities
[2] Trump's Inaugural Fund Has a Record $170M US in Donations. Why Corporations Are So Eager to Give
[3] “We Must Make the Trump Tax Cuts Permanent as Soon as Possible,” GOP Rep. Says
