Senate Tax Bill Is a Scam, Through-and-Through


But you knew this didn’t you?

Republicans are trying to pass a major tax rewrite, without any Democratic votes,

 

 

as their two-seat majority is about to be cut in half, thanks to Sen.-elect Doug Jones (D-Ala.).

After spending most of the year promising a tax cut for the middle class, Republicans in the Senate have joined their colleagues from the House of Representatives in reneging on this pledge. The bill passed today is nothing more than a giveaway to the richest households and corporations, period. It will raise taxes on many low- and moderate-income households, and the deficits it will leave in its wake will be used to attack Social Security, Medicare, and Medicaid—a strategy clearly telegraphed by both the Republican budget resolution from last month as well as by Senator Rubio more recently. Besides lying about who would benefit most directly from the tax cut, defenders of today’s bill have also lied about the trickle-down benefits that will accrue to workers in the form of higher wages. Simply put, this bill will not raise wages for typical workers—but it will deny health insurance to 13 million workers, a measure Senate Republicans included to help contain the overall cost of giving large tax cuts to rich households and corporations. This bill is a scam through-and-through. https://www.commondreams.org/newswire/2017/12/02/senate-tax-bill-scam-through-and-through

If you vote for this tax bill now,

I will vote you out in your next election!

Approved in the dead of night, when virtually nobody was watching, the biggest change in U.S. tax law in decades included last-minute revisions that skewed the bill even more toward the rich.
Photograph by Alex Edelman / picture-alliance / dpa / AP
https://www.newyorker.com/sections/news/the-passage-of-the-senate-republican-tax-bill-was-a-travesty

http://mypoliticalopinionblog.blogspot.com/2017/12/senate-tax-bill-is-scam.ht

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