FIRST ON FOX: A powerful, fiscally conservative political advocacy group is launching what it says is an eight-figure campaign to urge Congress “to protect prosperity” by renewing the sweeping tax cuts signed into law by President-elect Trump during his first administration.
Americans for Prosperity (AFP), the influential and deep-pocketed grassroots network founded by the billionaire Koch Brothers, is announcing that it’s spending $20 million to launch a wide-ranging campaign to urge the extension of Trump’s signature Tax Cuts and Jobs Act (TCJA).
The campaign, which includes an ad blitz starting this week in all 50 states, was shared first with Fox News on Monday.
“Americans must unite and tell Washington now is not the time for higher taxes. By extending and improving the Trump tax cuts, we can make America more affordable, create greater opportunity, and reignite the American dream,” the narrator in one of the AFP ads argues.
TRUMP DETAILS STRATEGY TO RENEW HIS TAX CUTS
The 2017 law revised the nation’s tax code and gave a financial break to nearly all taxpayers. Many of the provisions are scheduled to expire at the end of this year, which would likely result in a tax increase for many Americans if Congress is unable to pass legislation to extend the cuts.
AFP says Congress is “facing a countdown to crisis that threatens the family budgets of virtually every American.”
The group also said that millions of Americans will pay an extra $1,500 or more next year in taxes if the cuts are not extended.
AFP President and CEO Emily Seidel, highlighting that her group worked alongside Trump to pass the tax…
