Patriotic Millionaires: Ivanka Doesn’t Get It

Tuesday, October 24

FOR IMMEDIATE RELEASE

October 24, 2017

Contact: Sasha Grodsky

[email protected]

202-446-0489

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PATRIOTIC MILLIONAIRES: IVANKA DOESN’T GET IT

“Expanding the child tax credit doesn’t change the fact that 80% of the tax cuts in the Republican tax plan go to the top 1%”

Washington, DC – This morning, in response to Ivanka Trump’s Pennsylvania appearance to promote the expansion of the child tax credit, the Chair of the Patriotic Millionaires Morris Pearl, former Managing Director at BlackRock, Inc., released the following statement:

“It is cruel and dangerous for Ivanka Trump to perpetuate the lie that simply expanding this tax credit will be a saving grace for working and middle class families or this tax plan. Expanding the child tax credit doesn’t change the fact that 80% of the tax cuts in the Republican tax plan go to the top 1%, nor does it change the fact that many of these same families will be the ones hit hardest by the resulting budget cuts. Ms. Trump needs to understand: you can’t support this tax plan and consider yourself a champion of working families.” 

To schedule an interview or for further comment, please contact Sasha Grodsky at [email protected].

 

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About the Patriotic Millionaires

Proud “traitors to their class,” members of the Patriotic Millionaires are high-net worth Americans, business leaders, and investors who are united in their concern about the destabilizing concentration of wealth and power in America. The mission of The Patriotic Millionaires organization is to build a more stable, prosperous, and inclusive nation by promoting public policies based on the “first principles” of equal political representation, a guaranteed living wage for all working citizens, and a fair tax system. You can find out more at http://patrioticmillionaires.org/about/

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