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Subject: Guess who got a massive tax break this year
Posted On: May 23, 2019
 

Brothers and Sisters,   

 

While  massive   corporations  like  AT&T,  CenturyLink,  and  Wells   Fargo  are  celebrating   billions 
in  tax  breaks,  tax  payers   are  frustrated  by  smaller   tax  refunds  and  stagnant  paychecks  and   

wondering  if they  will  even  have  ajob  a  year  from  now.   

 

Republicans  in  Congress  told  us  the  corporate  tax  cut  bill  they  passed  in  2017   would  push 
companies  to  create  jobs,  raise  wages   and  stop  offshoring,  but  it  didn't.   The  bill  was   a   

scam.  Corporations  ran  away  with  billions   of  dollars,  cutjobs,  failed  to  provide  promised  wage 
increases   and  continue  to  send  jobs  overseas.   

 

AT&T  CEO  Randall  Stephenson  was  one  of the  biggest  cheerleaders  for the  tax  cut,  saying 
AT&T  would  increase   investment   and  create  7,000  new  jobs.   Insteadthe  company  got  a  $21   

billion  tax  break,  cut  over  12,000  jobs,  and  keeps  sending   jobs  overseas   and  to  low-paid 
contractors.  Centuryl.ink  rewarded  executives   with  millions  in  bonuses   all  while  canceling   

bonuses   and  merit  pay  for  workers   and  eliminating   morejobs.  Wells   Fargo  benefited  more  from 
the  tax  cut  than  any  other  bank,  then  announced  that  it  would   cut  up  to  26,000  jobs.  

 

Thousands  of AT&T  workers  have  already  sent  handwritten   letters  to  their  members  of  Congress 
demanding   an  investigation  into  what  happened  to  the  billions   of dollars   in  tax  breaks  they  gave   

away  to  AT&T  and  other  corporations  that  keep  cuttingjobs.  In  response,  Congress  held  a 
hearing  with  CWA  President  Chris   Shelton   and  tax  experts   to  learn  about  the  effect  ofthe  tax  bill   

on  working   families.  

 

That  was  a  good  start,  but  now  Congress  needs  to  bring  CEOs  to  Washington  to  find  out  what 
they  really  did  with  their  tax  windfall.  Click  here  to  tell  Congress  that  it's  time   

to  investigate  where  billions  in  tax  breaks  for  massive  corporations   went.  Corporations   want  to 
increase  executive   pay,  reward  large  shareholders,   and  pursue  profits  at  any  cost-    they're  not   

looking  out  forus.  If we  want  a  better  future  for  all  working  people,  we  must  push  Congress 
to  hold  corporations  accountable  to  their  promises  and  end  the  corporate  tax  scam.   

It's  time  for  Congress  to  find  out  the  truth  about  what  happened.  Send  your  letter  now  to  demand 
in  investigation    https://www.actionnetwork.org/letters/tell-congress-investigate-where-billions-in-tax-breaks-went?source=LocalEmail

 

In Solidarity,   

 

Local   President   

John Buchan   


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