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Blog

Biden's Tax Plan Would Make America Less Prosperous

If you used your free time on Saturday or Sunday to watch football, you may have seen an ad run by Joe Biden’s campaign in which the narrator says that Biden won’t raise taxes on anyone earning less than $400,000 annually. The ad perpetuates the myth that the Tax Cuts and Jobs Act was a “tax cut for the rich.” As Chris Edwards of the Cato Institute notes, the Tax Cuts and Jobs Act “provided the largest percentage tax cuts to the bottom two quintiles—that is, the bottom 40 percent of U.S. households.”

09/29/2020
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FreedomWorks’ Bill of the Month for December 2019: Small Business Prosperity Act, H.R. 4947

FreedomWorks is proud to announce that our bill of the month for December 2019 is the Small Business Prosperity Act of 2019, H.R. 4947, introduced by Rep. Andy Biggs (R-Ariz.). The Small Business Prosperity Act would amend the tax code to make permanent the tax benefits pass-through businesses under the Tax Cuts and Jobs Act of 2017.

12/03/2019
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Blog

FreedomWorks’ Bill of the Month for October 2019: Craft Beverage Modernization and Tax Reform Act, H.R. 1175 and S. 362

FreedomWorks is proud to announce that our bill of the month for October 2019 is the Craft Beverage Modernization and Tax Reform Act (CBMTRA), H.R. 1175 and S. 362, introduced by Reps. Mike Kelly (R-Pa.) and Ron Kind (D-Wis.) in the House and Sens. Roy Blunt (R-Mo.) and Ron Wyden (D-Ore.) in the Senate. This bill would permanently extend the reduction in the excise tax on beer, wine, and distilled spirits that was passed as part of the Tax Cuts and Jobs Act (TCJA) of 2017.

10/25/2019
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Blog

Rand Paul Is Right: Higher Income Earners Pay Enough Federal Income Taxes

Earlier this week, Sen. Rand Paul (R-Ky.) appeared on ABC’s The View to talk about his new book, The Case Against Socialism. During the interview, Paul remarked that the “[m]ost people [who earn] below $50,000 don’t pay any income tax.” He added that the top 1 percent of income earners pay 40 percent of income taxes.

10/18/2019
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FreedomWorks’ Bill of the Month for May 2019: Death Tax Repeal Act, H.R. 218

FreedomWorks is proud to announce that our bill of the month for May 2019 is the Death Tax Repeal Act, H.R. 218, sponsored by Rep. Jason Smith (R-Mo.) and boasting an impressive 82 cosponsors. The Death Tax Repeal Act would fully repeal the estate and generation-skipping transfer taxes that wreak havoc on American families who are already suffering the loss of a loved one, often causing them to lose their generations-old family businesses because of the excessive greed of the federal government.

05/01/2019
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Press Release

FreedomWorks Statement on Q1 GDP Numbers

WASHINGTON, D.C. -- In response to this morning’s report from the Bureau of Economic Analysis that U.S. GDP grew 3.2% in Q1 2019, compared to an expected 2.1%, John Tamny, FreedomWorks Director of the Center for Economic Freedom, commented:

04/26/2019
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Blog

Support the Student Empowerment Act, H.R. 621 and S. 157

On behalf of our activist community, I urge you to contact your representative and senators and ask them to cosponsor the Student Empowerment Act, H.R. 621 and S. 157. Introduced by Rep. Jason Smith (R-Mo.) and Sen. Ted Cruz (R-Texas),. the Student Empowerment Act would further expand 529 education savings accounts to include K-12 elementary and secondary school expenses for public, private, and religious schools, including homeschool students.

02/21/2019
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Blog

Reject Calls for Confiscatory Marginal Tax Rates

There has been much talk in recent weeks of marginal income tax rates. Although the far-left have, talked about a return to high marginal income tax rates for several years, Rep. Alexandria Ocasio-Cortez (D-N.Y.) recently renewed the conversation. The “democratic” socialist has called for a massive wealth redistribution, with a top marginal rate of 70 percent.

01/21/2019
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Blog

In Any Congress, Principles Must Come Before Party

Limited government conservatives remain disgruntled in Congress, both when in the majority and when in the minority. Republicans campaign on shrinking government, lowering taxes, embracing free markets, and upholding the constitution. But members who actually hold themselves to these promises once in Congress exist only in small pockets.

01/15/2019
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Blog

Top 3 Percent of Tax Filers Pay 51 Percent of Individual Income Taxes

Americans often hear from radical leftists that “the rich need to pay their fair share” of income taxes. The rhetoric is hard to avoid. Sen. Bernie Sanders (I-Vt.) based partly based his failed 2016 presidential campaign on soaking the wealthy in taxes, and House and Senate Democrats railed against the Tax Cuts and Jobs Act, H.R. 1, because it lowered tax rates across the board, including on higher-income earners.

10/17/2018

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