
Frank Clemente
3K posts

Frank Clemente
@clemente_frank
Executive Director at Americans For Tax Fairness, @4taxfairness and @ATFaction.





For the first time, cannabis has outpaced alcohol as the daily drug of choice for Americans. In 2022, 17.7 million people reported using cannabis either every day or nearly every day, compared with 14.7 million who reported using alcohol that often. @cdcaron nytimes.com/2024/05/23/wel…

HIND’S HALL. Once it’s up on streaming all proceeds to UNRWA.



BREAKING: Senate Democrats just introduced a bill to increase the tax on corporate stock buybacks. Each year, billionaire corporations buy back billions of dollars worth of their own stock to make their CEOs and shareholders richer. They can afford to pay a 4% tax on buybacks.

RELEASE: In new ad, Republican Rick Scott criticizes the use of a tax loophole that President Biden has advocated closing. We look forward to your Senate introduction of @RepLloydDoggett's H.R. 34 bill to close the Medicare tax loophole, @SenRickScott! americansfortaxfairness.org/issue/senator-…

As the new chairman of the Health, Education, Labor and Pensions Committee, I am going to do everything I can to protect the needs of the struggling working class.

"Congress should investigate Trump's huge operating losses and deductions,”@Clemente_Frank of Americans for Tax Fairness tell me. “Is this something unique to Trump, or is this a loophole that others exploit, too, and which needs eliminating?" newyorker.com/news/our-colum…

We know economic inequality is a major problem hurting the country and the economy… So I ask in @TheHillOpinion: Why is Congress making things worse by ignoring the distributional consequences of its actions? thehill.com/opinion/congre…

As a 2023 debate nears, this quote needs to be read over & over: “The lone IRS employee had to review a return that included over 400 pass-through entities, numerous schedules, foreign tax credits and millions in carried-over losses from previous years” washingtonpost.com/opinions/2022/…


BREAKING: Just-announced deal in Congress for a year-end budget bill DOES NOT include the extension of three Trump-GOP tax cuts for corporations 🍾 This is a huge win—a year-end corporate tax giveaway is, sadly, usually a foregone conclusion. This is what change looks like.

Tomorrow, the House Ways and Means Committee will review President Donald Trump’s 2015-2020 tax returns, after years of litigation. But what would the returns reveal, either about Trump’s true tax liability or the IRS’s audits? I expect very little, without a fuller probe. 1/13




