In response to the bombshell New York Times report uncovering years worth of Donald Trump’s taxes, Florida Democratic Party chair Terrie Rizzo released the following statement:
“This report makes clear once again that Donald Trump’s motto has always been: Trump first, Americans last. While Trump raised taxes on millions of middle class families and gave a massive handout to his Mar-a-Lago crowd, he paid just $750 in his first year in office. Trump is a self-proclaimed ‘billionaire,’ but paid less in taxes than most Floridians, including those working hard on the frontlines during this pandemic. Floridians deserve a president of integrity who is focused on serving the people, not himself — and that’s what we’re going to get when we elect Joe Biden in November.”
Trump’s Broken Promises on Taxes
Promise: “I’m going to massively lower your taxes. That’s businesses and that’s middle income. That’s everybody.” [Trump Campaign Rally, Fort Meyers, FL, 9/19/16]
Reality: The GOP-Trump tax bill would raise taxes on 3.6 million Florida residents by 2027, most of whom will have incomes less than $78,500. [Institute on Taxation and Economic Policy, 12/16/17]
Promise: Trump: “I’ll push to expand freedom for all of our citizens. I’m going to lower your taxes so substantially.” [Trump Campaign Rally, Miami, FL, 9/16/16]
Reality: In 2019, the richest 1% of florida taxpayers will receive 40% of the state’s share of the tax cuts under the republican tax bill. [Institute on Taxation and Economic Policy, 12/16/17]