(TargetLiberty.org) – On Thursday, former Vice President Mike Pence’s advocacy group, Advancing American Freedom, launched a $10 million lobbying campaign to motivate lawmakers to prevent repealing the Trump administration’s Tax Cuts and Jobs Act of 2017.
The Act will expire in 2025.
In a news release, the advocacy group revealed that the campaign would include engaging directly with lawmakers “through seminars,” media, policy memos, and grassroots activation focusing on the “tax and spending debate.”
Despite Pence challenging former President Donald Trump in the GOP’s Presidential nomination and his decision not to back him in the upcoming election, his advocacy group wants to keep critical Trump legislation in place.
The same legislation Trump and his campaign have heralded as a priority should the former President return to the White House and the GOP win the Senate majority and maintain its House majority.
In the news release, Pence described the policy as the “largest tax cuts and tax reform” in the country’s history, allowing Americans to “keep more of their hard-earned money” and returning jobs to America.
Although Pence didn’t celebrate Trump’s role in the policy’s implementation, he acknowledged that the Biden administration had displayed how the country couldn’t “spend [its] way out of inflation,” adding that “Washington has a spending problem,” it couldn’t tax its way out of.
In its 13-page policy memo, the group is focusing on five points:
- Washington preventing tax hikes on small businesses and American workers.
- The U.S. maintains a low business tax rate to beat China.
- Washington stops spending beyond its means.
- Tax policy shouldn’t be rooted in faulty math and estimates.
- Washington shouldn’t tax Americans to escape the spending-drive debt crisis and balance the nation’s budget.
President Joe Biden revealed in April that should he be reelected he would let the law expire, suggesting the Trump-era policy had only “benefitted the wealthy and biggest corporations.”
However, the White House quickly walked back those statements, telling reporters the Trump-era tax policy would remain for those making less than $400,000 annually and blaming the former President and the GOP for increasing taxes for the middle class.
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