Washington, DC – A new analysis by the Institute on Taxation and Economic Policy (ITEP) confirms what families are already feeling: The Republican agenda is driving up costs for families in order to deliver more tax breaks to the ultra-wealthy. Thanks to policies enacted by Republicans in Congress and the Trump administration, working people are paying higher taxes in 2026, while the richest Americans are paying less.
According to ITEP’s analysis, these tax hikes are driven by:
- Last year’s Republican Tax Law, which made devastating cuts to Medicaid and SNAP while delivering $1 trillion in tax breaks to the top one percent over the next decade.
- Congressional Republicans’ decision to let health care tax credits expire, raising costs for millions and putting an estimated four million people at risk of losing coverage altogether.
- Republican-backed tariffs, which are raising costs and amount to the biggest tax hike on Americans in over four decades.
“While Americans struggle to keep up with rising costs, Republicans in Congress continue to vote for policies that leave working families paying even more so that billionaires can pay less,” said Unrig Our Economy Campaign Director Leor Tal. “The evidence is crystal clear – the Republican agenda is harming Americans nationwide. If congressional Republicans really cared about affordability like they claim to, they would stop voting to raise their constituents’ costs.”
Read the full analysis here: State-by-State Estimates of the First Year of Trump’s Tax Policies: All But the Richest Americans Face Higher Taxes
To learn more about the campaign, visit UnrigOurEconomy.com or contact press@unrigoureconomy.com
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About Unrig Our EconomyUnrig Our Economy is a national campaign to fix the rules of our economy to make it work for working people. We know that when the middle class does well, all of us do well — which is why we’re fighting on behalf of working Americans and holding corporations, their wealthy executives, and the politicians who enable them accountable.