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April 17, 2025 The Honorable Jason Smith Committee on Ways and Means United States House of Representatives 1139 Longworth House Office Building Washington, D.C. 20515
The Honorable Mike Crapo Committee on Finance United States Senate 219 Dirksen Senate Office Building Washington, D.C. 20510 Dear Chairman Smith and Chairman Crapo, According to recent reporting from Fox News, “White House aides are quietly floating a proposal… that would raise the tax rate for people making more than $1 million to 40%.” Congress must continue to stand firm against tax hikes. Republicans ran and won on a consistent promise of tax cuts in 2024.
The Republican Party Platform that year committed to “build the greatest economy in history” by “cutting taxes,” to “make Trump Tax Cuts Permanent… and pursue additional Tax Cuts.” Reducing the top income tax rate to 37% was a major Republican achievement in 2017, secured (thanks to your support) through the Tax Cuts and Jobs Act. Democrats ran on undoing those cuts, campaigning in 2024 on raising rates to 39.6%.
At the top of the ticket, Trump made the Republican-Democrat contrast clear: “If you want more CASH and less TAX, VOTE TRUMP.” Now, White House aides appear poised to undermine these promises and past accomplishments, contemplating a top tax rate of 40%—even higher than the rate Democrats campaigned on in 2024. President Trump and Republicans in Congress promised to make the Tax Cuts and Jobs Act permanent and work to secure further tax cuts. Republicans should stick to their promises and not pull pages from Kamala Harris’ losing policy platform. The American people voted for tax cuts, not tax hikes.
Advancing American Freedom calls on Republicans to swiftly renew the across-the-board tax cuts that unleashed prosperity during President Trump’s first term and deliver on the promise to make America prosperous again. Respectfully, Marc Short Chairman Advancing American Freedom
Tim Chapman President Advancing American Freedom CC: House and Senate Republican Conferences