|Submitted by Oregon U.S. Senator Ron Wyden:
Donald Trump bragged about being an historic and massive tax cheat – but he’s just the tip of the iceberg.
The truth is that thanks to decades of Republican policies and sabotage, America’s ultra-wealthy have the ability to avoid paying their fair share of taxes, and sometimes nothing at all.
Our tax system is badly broken. If a millionaire or billionaire is so inclined, they can find a ton of loopholes necessary to avoid paying their fair share of taxes.
When Republicans were in charge, this kind of cheating wasn’t just tolerated, it was fully supported – even celebrated! So, the mega-wealthy and their children shared the benefits of our schools, colleges, roads, defense, infrastructure, and social services while forcing hard-working Americans to pay the tax bill to pay for it all!
But Democrats have managed to take back the U.S. Senate with a simple plan: what if America’s tax cheats paid their fair share? Our country works best when we all work together. And that includes each of us paying our fair share instead of ducking our responsibilities to each other and to our country.
I’ve been working hard to shed light on tax cheats and how we can stop them. Make no mistake – with Democrats in control, corporations and the mega-wealthy won’t have these loopholes to abuse much longer. I look forward to continuing this fight in the coming weeks and months. Because enough is enough. It’s time to fix our country’s badly-broken tax system and guarantee America’s ultra-wealthy pay their fair share.
Sen. Ron Wyden, Oregon