Tonight, Donald Trump once again made it clear that he wants to give ANOTHER round of tax handouts to his billionaire backers and big corporations — instead of helping working families. Since Day One, Trump has done everything in his power to line the pockets of the ultra-rich, while doing nothing to address skyrocketing costs, high inflation, and a tanking economy. 

Trump has repeatedly vowed to give his billionaires backers and big corporations another round of tax handouts, despite the fact that his expensive agenda will raise costs on working families. 

Trump: “You’re all people that have a lot of money. … You’re rich as hell. … We’re gonna give you tax cuts.”

Trump: “I will never let the Trump tax cuts … be taken away.”

Trump on whether his second term tax policies would echo those of his first term: “Yes, and I’d do even more taxes.”

Vanity Fair: “Donald Trump Wants to Give His Favorite Corporations Another Giant Tax Cut in a Second Term”

Last week, Republicans pushed through their disastrous funding agenda, putting health care on the chopping block to fund Trump’s tax handouts to the ultra wealthy. 

Jake Sherman, Punchbowl News: “THE HOUSE GOP BUDGET RESOLUTION has passed

“Vote was 217-215.”

Politico: “Speaker Mike Johnson said Monday that he isn’t planning to make any changes to his budget plan to placate Republicans concerned about possible Medicaid cuts. …

“The budget blueprint sets out a minimum of $880 billion in cuts from the House Energy and Commerce Committee, and a group of vulnerable House Republicans is arguing that the bulk of those reductions will have to come out of Medicaid given that the panel has virtually no other options to make cuts of that magnitude.”

New York Times: “House Republicans hunting for ways to pay for President Trump’s tax cuts have called for cutting the federal government’s share of Medicaid spending, including a proposal that would effectively gut the Affordable Care Act’s 2014 expansion of the program. …

“A move to lower federal spending on the Medicaid expansion population could effectively gut the program. Around 10 states that have expanded their programs have so-called trigger laws that reverse the Medicaid expansion if the federal government decreases funding for the population. … More than 21 million adults who were not eligible for Medicaid under pre-expansion guidelines received coverage last year.”

REMINDER: In Trump’s first term, his tax scam gave massive handouts to the ultra-wealthy at the expense of working families and created new incentives for companies to ship jobs overseas.

Forbes: “Trump Tax Cuts Helped Billionaires Pay Less Taxes Than The Working Class In 2018”

Washington Post: “For the first time in history, U.S. billionaires paid a lower tax rate than the working class last year”

CBS News: “Two years after Trump tax cuts, middle-class Americans are falling behind”

Washington Post: “Trump promised ‘America First’ would keep jobs here. But the tax plan might push them overseas.”