Spotlight on the Trump Tax Scam
The Republican tax bill, HR.1,The Tax Cuts and Jobs Act, was released on Nov. 2nd and the GOP is hoping to rush the bill through Congress with a vote in the House by next week and Senate passage soon after. This bill is a reverse Robinhood proposal that takes money from the poor and middle class to support huge tax reductions for the ultra-rich and for multi-national corporations.
We can’t stress this enough: so much of what we care about is on the chopping block in the #TrumpTaxScam. Here’s a few of the things that the GOP is proposing just to give themselves and their millionaire and billionaire friends a tax cut:
House Republicans have already begun marking up their bill, and the Senate may introduce their bill this week. Just like TrumpCare, Republicans’ only chance to get this bill through is if we don’t make enough noise. But, if we show national, mobilized, local opposition to this scam before most members of Congress make up their mind, we can stop them in their tracks.
Check out the articles and websites below for more information about the GOP tax proposals and see our Twitter account or website for updates on this fast moving process. (Don't use Twitter? You can read our tweets on the website - just scroll down to the bottom of the homepage.)
Recent Articles on the Tax Proposal:
GOP Tax Plan Hits Upper Middle Class Hard, and That's Bad for Mass Boston Globe
Republican Plan Would Raise Taxes on Millions New York Times
House GOP Tax Plan Robs from Middle-Class Students and Borrowers without Giving to the Poor Demos
Doubling Exemption on Estate Tax, then Repealing It, Would Give Millions to Wealthiest Heirs CBPP
Trump-GOP Tax Plan and Congressional Budget Plan Comparison Americans for Tax Fairness
Tax Policy Websites:
Center on Budget and Policy Priorities (CBPP)
Tax Policy Center TPC
Americans for Tax Fairness
Institute on Taxation and Economic Policy