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Koch-backed group unveils $20M campaign highlighting Trump tax cuts

  • Americans for Prosperity is launching a $20 million campaign to renew the tax cuts signed into law by President-elect Trump during his first administration.
  • The campaign includes an ad blitz in all 50 states and aims to mobilize support for extending the tax cuts, which are set to expire at the end of 2025.
  • The group warns that failing to renew the tax cuts could result in tax increases for millions of families, with an average increase of $3,505 for residents in Florida.
  • The liberal Center for American Progress argues that the tax cuts disproportionately benefited the highest-income households and that there is little evidence of their expected economic benefits.
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The New Republic broke the news in on Monday, January 13, 2025.
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