Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Screenshot: American Action Network

Ahead of Tax Day tomorrow, the American Action Network — a conservative non-profit aligned with House Speaker Paul Ryan — is rolling out a new $1 million television and digital ad campaign in 30 competitive congressional districts to highlight how the GOP tax cuts benefit middle-class families.

Why it matters: Ryan's outside groups, run by Corry Bliss, have been ramping up their spending early on in the election cycle to gain a competitive edge ahead of November's midterms. Republicans are betting on the positive effects of the tax law to help them retain their congressional majority. Bliss' theory is that the GOP will keep the House if the middle class believes that Republicans worked to cut their taxes.

The targets: The ad will run in several districts across the country where incumbent House Republicans hope to retain their seats in districts Hillary Clinton won in 2016 — including CO-06 (Mike Coffman), CA-45 (Mimi Walters) FL-26 (Carlos Curbelo), VA-10 (Barbara Comstock), IL-06 (Peter Roskam), and others. See the full list here.

The timing: The ad campaign comes as some Americans are set to get a tax refund that may show signs of a bump from the tax bill, particularly from the increased standard reduction and the increased child tax credit — though most people will not see any changes until next year.

  • Worth noting: The launch also comes less than a week after Ryan announced he is not running for reelection, a move that has added to concerns that House Republicans may lose the majority.

Watch the full ad here:

Go deeper

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: McConnell temporarily halts in-person lunches for GOP caucus.
  3. Economy: Safety nets to disappear in DecemberAmazon hires 1,400 workers a day throughout pandemic.
  4. Education: U.S. public school enrollment drops as pandemic persists.
  5. Cities: Surge in cases forces San Francisco to impose curfew — Los Angeles County issues stay-at-home order, limits gatherings.
  6. Sports: NFL bans in-person team activities Monday, Tuesday due to COVID-19 surge — NBA announces new coronavirus protocols.
  7. World: London police arrest more than 150 during anti-lockdown protests — Thailand, Philippines sign deal with AstraZeneca for vaccine.

Tony Hsieh, longtime Zappos CEO, dies at 46

Tony Hsieh. Photo: FilmMagic/FilmMagic

Tony Hsieh, the longtime ex-chief executive of Zappos, died on Friday after being injured in a house fire, his lawyer told the Las Vegas Review-Journal. He was 46.

The big picture: Hsieh was known for his unique approach to management, and following the 2008 recession his ongoing investment and efforts to revitalize the downtown Las Vegas area.

Dan Primack, author of Pro Rata
15 hours ago - Economy & Business

The unicorn stampede is coming

Illustration: Annelise Capossela/Axios

Airbnb and DoorDash plan to go public in the next few weeks, capping off a very busy year for IPOs.

What's next: You ain't seen nothing yet.