{"id":1055100,"date":"2025-07-16T10:16:32","date_gmt":"2025-07-16T14:16:32","guid":{"rendered":"https:\/\/democrats.org\/?p=1055100"},"modified":"2025-07-16T10:16:33","modified_gmt":"2025-07-16T14:16:33","slug":"as-trump-hits-six-month-mark-in-office-dnc-launches-trumptax-com-to-spotlight-his-broken-promise-to-bring-costs-down-on-day-one","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/as-trump-hits-six-month-mark-in-office-dnc-launches-trumptax-com-to-spotlight-his-broken-promise-to-bring-costs-down-on-day-one\/","title":{"rendered":"As Trump Hits Six-Month Mark in Office, DNC Launches TrumpTax.com to Spotlight His Broken Promise to Bring Costs Down on Day One"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

TrumpTax.com<\/em><\/a> is a new interactive website that shows the costs of Trump\u2019s Billionaire Budget Betrayal and erratic trade policies to everyday Americans <\/em><\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

Today, following the passage of Trump\u2019s Billionaire Budget Betrayal and ahead of the six-month anniversary of Trump\u2019s second term, the Democratic National Committee unveiled TrumpTax.com<\/a> \u2014 a new interactive website that shows the dire combined effects \u2014 the Trump Tax \u2014 of his unpopular budget bill and Trump\u2019s erratic tariff policies on everyday Americans.<\/p>\n\n\n\n

The new website includes national and state-by-state data about the Trump Tax with one underlying truth \u2014 if you\u2019re not a billionaire, the Trump Tax will screw you over. <\/p>\n\n\n\n

The Trump Tax will cost the lowest-income households $1,600 a year while raising the income of the richest 10% of Americans by $12,000 a year. 17 million Americans will lose their health care coverage. More than 22 million working families could lose some or all of their food benefits. <\/p>\n\n\n\n

This law will affect all of us. Hospital closures and Medicaid cuts will lead to higher health care costs and hospital bills for everyone. The Trump Tax will explode the deficit by $3.3 trillion \u2014 leading to higher inflation, higher energy bills, and higher grocery and prescription drug costs for everybody. <\/p>\n\n\n\n

DNC Chair Ken Martin released the following statement: <\/em><\/strong><\/p>\n\n\n\n

\u201cAll of us remember Donald Trump promising to lower costs on Day One. Instead, only six months into his disastrous second term, he\u2019s delivered a devastating one-two punch to our families: raising prices and sparking inflation with his brainless tariffs while robbing people of basic lifelines that get them through tough times \u2014 all just to funnel tax handouts to billionaires. For all his ineptitude, corruption, and cover-ups, it\u2019s time we also call out Trump\u2019s unending love for taxing the American worker. The Trump Tax is the largest redistribution of wealth and the largest cut to health care in American history. While Trump steers the US economy toward a financial crisis, the Trump Tax is shuttering hospitals and nursing homes, skyrocketing energy bills, and exploding the deficit. That\u2019s why the DNC launched TrumpTax.com<\/a> \u2014 to show Americans the dire effects of Trump\u2019s policies nationally and in all 50 states. Trump isn\u2019t just a lying fraud, he\u2019s the ultimate \u2018tax man\u2019 who doesn\u2019t give a damn about our children, grandparents, or communities.\u201d  <\/p>\n\n\n\n

TRUMPTAX.COM<\/strong><\/a>: If you\u2019re not a billionaire, Donald Trump is screwing you over. Here\u2019s how:<\/strong><\/p>\n\n\n\n

\ud83d\udcb8 Working Americans will lose $1,600<\/a> a year while high-earners will see their incomes boosted by $12,000. <\/p>\n\n\n\n

\u26a1 Americans nationwide will see their energy bill increase by hundreds of dollars, and in some states, costs will increase by as much as 30%<\/a>.<\/p>\n\n\n\n

\ud83d\udc68\u200d\ud83c\udfed Nearly 2 million<\/a> construction and 2 million<\/a> clean energy manufacturing jobs are at risk. Trump and Republicans\u2019 cuts to Medicaid and SNAP endanger another 1.2 million<\/a> jobs.
<\/p>\n\n\n\n

\ud83c\udfe5 17 million<\/a> Americans could lose health insurance, a whopping 27% of nursing homes could be forced to close their doors, and more than 300 rural hospitals could close.<\/p>\n\n\n\n

\ud83c\udf5e More than 22 million<\/a> working families could lose some or all of their food benefits. <\/p>\n\n\n\n

\ud83e\uddd1\u200d\ud83c\udf3e American farmers will lose an estimated $2335 billion in revenue due to SNAP cuts.<\/p>\n\n\n\n

\ud83c\udfe0 Experts<\/a> say it is \u201cthe most regressive tax and budget law in at least the past 40 years\u2014and possibly ever.\u201d<\/p>\n\n\n\n

\ud83d\udcc9 The SNAP, Medicaid,<\/a> and energy subsidy<\/a> cuts alone will reduce the GDP by an estimated $1.1 trillion.<\/p>\n\n\n\n

\ud83d\ude80 The deficit will skyrocket by $3.3 trillion<\/a>, stoking inflation and potentially causing an economic crisis.<\/p>\n\n\n\n

\ud83c\udfedAnd combined with Trump\u2019s reckless trade war, businesses have already<\/em> lost $56 billion<\/a> in the six months Trump has been in office.<\/p>\n\n\n\n

###<\/p>\n","protected":false},"excerpt":{"rendered":"

TrumpTax.com is a new interactive website that shows the costs of Trump\u2019s Billionaire Budget Betrayal and erratic trade policies to everyday Americans  Today, following the passage of Trump\u2019s Billionaire Budget Betrayal and ahead of the six-month anniversary of Trump\u2019s second term, the Democratic National Committee unveiled TrumpTax.com \u2014 a new interactive website that shows the […]<\/p>\n","protected":false},"author":293,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1055100","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nAs Trump Hits Six-Month Mark in Office, DNC Launches TrumpTax.com to Spotlight His Broken Promise to Bring Costs Down on Day One - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/as-trump-hits-six-month-mark-in-office-dnc-launches-trumptax-com-to-spotlight-his-broken-promise-to-bring-costs-down-on-day-one\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-16T14:16:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-16T14:16:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1101\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Shelby Reese\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shelby Reese\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/as-trump-hits-six-month-mark-in-office-dnc-launches-trumptax-com-to-spotlight-his-broken-promise-to-bring-costs-down-on-day-one\/\",\"url\":\"https:\/\/democrats.org\/news\/as-trump-hits-six-month-mark-in-office-dnc-launches-trumptax-com-to-spotlight-his-broken-promise-to-bring-costs-down-on-day-one\/\",\"name\":\"As Trump Hits Six-Month Mark in Office, DNC Launches TrumpTax.com to Spotlight His Broken Promise to Bring Costs Down on Day One - 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