JD Vance Touts Trump’s Project 2025 Plan to Raise Costs on Middle-Class Families… Before Fundraising With Anti-Worker Billionaires
September 18, 2024
As JD Vance pushes Donald Trump’s Project 2025 agenda in North Carolina before fundraising with anti-worker extremists in Washington, D.C. today, DNC Rapid Response Director Alex Floyd released the following statement:
“JD Vance stands with Donald Trump and his ultra-wealthy backers over hardworking Americans – that’s why he’s fundraising with anti-worker billionaires after touting the Trump-Vance Project 2025 agenda to raise taxes and jack up costs on middle-class families. Vance is part of the most anti-union, anti-worker ticket in recent American history, running with a former president who created new incentives for companies to send jobs overseas and left office with the worst jobs record since the Great Depression. Now, Vance is defending Trump’s praise for firing striking workers, while their Project 2025 plans would rig the economy for billionaires and big corporations on the backs of the working class. While Trump and Vance push a reckless and out-of-touch agenda, Vice President Harris and Governor Walz have a plan to protect workers and help middle class families get ahead.”
TODAY: JD Vance is attending a fundraiser hosted by the Associated Builders and Contractors, which has consistently pushed anti-union rhetoric and stood with Donald Trump over workers.
2024: Associated Builders and Contractors complained that a Biden-Harris policy would make more workers eligible to earn overtime pay.
2024: Associated Builders and Contractors attacked the pro-union language of the Biden-Harris administration’s Bipartisan Infrastructure Bill.
2024: An Associated Builders and Contractors executive complained that a Biden-Harris administration policy prioritizing federal grants for projects with higher worker wages was a “gift to unions [that] is discouraging…”
2018: Members of the Associated Business and Contractors joined Donald Trump at the White House to tout Trump’s tax giveaways for the ultra-wealthy and big corporations that came at the expense of hardworking Americans.
2017: An Associated Builders and Contractors executive opposed the Fair Pay and Safe Workplace rule because it required contractors to report allegations of misconduct, which he said were often “frivolous.”
Just like Trump — who was one of the most anti-worker and anti-union presidents in American history — Vance stands firmly against working people and has opposed legislation to protect unions.
Politico: “Vance has consistently opposed the PRO Act, the ‘holy grail of pro-union labor reform’ that organized labor and its allies on the Hill have been fighting for over two years to get passed. … Vance’s skepticism of the PRO Act is part of a more fundamental skepticism that he harbors toward organized labor.”
Fast Company: “Vance also voted in favor of a resolution to strike down the NLRB’s updated joint-employer rule, which would have given workers more leverage when organizing at companies—like Amazon—that rely heavily on third-party contractors, by forcing both employers to participate in labor negotiations.”
Trump: “I know the unions. They’re dues-sucking people. They just want their dues and they couldn’t care less.”
New York Times: “Does [Trump] support unions? He has had ‘great success’ in New York building with unions and also in Florida without unions. ‘If I had my choice,’ he said, ‘I think I’d take it without.’”
Vance is defending Trump’s shameful comments about firing striking workers.
Politico: “Vice presidential candidate JD Vance defended Donald Trump’s comments about firing striking workers during a rally in Michigan.”
Newsweek: “Donald Trump Cheers Elon Musk Over Firing Workers: ‘You’re the Greatest!’”
Vance doesn’t care that Trump has repeatedly broken his promises to workers across the country.
CNN: “Trump told GM workers he could save their plant, but it’s gone for good”
Washington Post: “Trump promised this Wisconsin town a manufacturing boom. It never arrived.”
Detroit Free Press: “Trump, tweets couldn’t save U.S. auto jobs in 2017”
MLive: “On the 2016 campaign trail in Warren, Trump pledged ‘you won’t lose one plant’ if he were elected. GM announced last year it would end production at five North American plants.”
Vance is pushing Trump’s extreme Project 2025 agenda to raise taxes for the middle class while gifting tax breaks to billionaires and big corporations and threatening to supercharge inflation.
Washington Post: “Trump and his advisers have discussed deeper cuts to both individual and corporate tax rates that would build on his controversial 2017 tax law … Further cutting corporate taxes … would primarily benefit large firms.”
Trump: “You’re all people that have a lot of money … You’re rich as hell. … We’re gonna give you tax cuts.”
Vanity Fair: “Donald Trump Wants to Give His Favorite Corporations Another Giant Tax Cut in a Second Term: Report”
Center for American Progress: “Project 2025’s Tax Plan Would Raise Taxes on the Middle Class and Cut Taxes for the Wealthy”
“In [Project 2025], far-right extremist plans are outlined that raise taxes on low- and middle-income households to finance tax cuts for the wealthy and large corporations. Project 2025’s tax plan includes an ‘intermediate tax reform’ that includes changes to tax brackets and corporate tax cuts that would shift the tax burden toward middle-income households…
“The shift toward a flat consumption tax while eliminating income taxes would lead to an average $5,900 tax increase for the middle 20 percent of households and an average $2 million tax cut for the top 0.1 percent… Project 2025 does not stop at cutting taxes for wealthy individuals; it also proposes an array of tax cuts for corporations. … This would amount to a $24 billion tax cut for the Fortune 100, the 100 largest companies in America.”
New York Times: “Senator JD Vance of Ohio, former President Donald J. Trump’s running mate, denied in an interview with NBC News on Sunday that tariffs had caused higher costs for Americans, as economists have documented.”
Vance on Trump’s plan that would raise tariffs and raise costs for hardworking Americans: “This is a fascinating proposal and we could talk for a while about it.”
Center for American Progress: “Former President Trump Proposes an Up to $3,900 Tax Increase for a Typical Family”
The Atlantic: “Trump’s Plan to Supercharge Inflation”
Axios: “Sixteen Nobel prize-winning economists are jumping into the presidential campaign with a stark warning: Former President Trump’s plans would reignite inflation and cause lasting harm to the global economy if he wins in November.”
Vance has praised Trump’s failed economic agenda that resulted in broken promises, a skyrocketing deficit, and new incentives for companies to ship jobs overseas.
Vance: “The left attacked Donald Trump for those tax cuts said they would make the deficit worse when in reality we took in more revenue because the government got out of the way on the regulatory side and the tax cuts spurred a lot of growth which means more people working, which meant more economic production which meant the entire economy was healthier … I think we have a pretty common sense regulatory and tax agenda.”
New York Times: “The 2017 corporate tax cuts signed into law by Mr. Trump have not increased government revenue … In fact, they have had the opposite effect.”
Washington Post: “Trump promised this Wisconsin town a manufacturing boom. It never arrived.”
The Guardian: “Donald Trump’s $1.5tn tax cuts have helped billionaires pay a lower rate than the working class for the first time in history.”
CBS News: “Two years after Trump tax cuts, middle-class Americans are falling behind”
Washington Post Analysis: “One of President Donald Trump’s lesser-known but profoundly damaging legacies will be the explosive rise in the national debt that occurred on his watch. The financial burden that he’s inflicted on our government will wreak havoc for decades, saddling our kids and grandkids with debt. The national debt has risen by almost $7.8 trillion during Trump’s time in office… The growth in the annual deficit under Trump ranks as the third-biggest increase, relative to the size of the economy, of any U.S. presidential administration.”
Washington Post: “Trump promised ‘America First’ would keep jobs here. But the tax plan might push them overseas.”