Congress has forgotten who they work for. A Quinnipiac Poll taken on November 15th shows that only 25% of voters approve of the Tax Cuts and Jobs Act. But the House passed it anyway. And the Senate is poised to pass it. Who are they working for? Apparently they don’t care about what the American people think.
» Read more about: Um, hello? Congress should work for US and not their rich donors. »
According to the Congressional Joint Committee on Taxation, the Senate Tax Cuts and Jobs Act will RAISE taxes on families that earn $75,000 and less. In 2021, taxes will increase for families that make $10,000 – $30,000. By 2027, families that earn $30,000 – $75,000 will see their taxes go up.
» Read more about: Poor Pay for Tax Cuts for Rich »
The Senate version of Tax Cuts and Jobs Act will result in taxes going UP for 50% of Families by 2027. Yes, taxes will INCREASE for half of all families in a decade if this tax plan passes (according to the non-partisan Tax Policy Center. But guess whose taxes won’t go up?
» Read more about: 50% of Families get Tax INCREASE in 2027 under Senate Tax Plan »
The Tax Cuts and Jobs Act will eliminate the Alternative Minimum Tax (AMT). The AMT was enacted to stop millionaires from using tax loopholes to pay zero taxes as was common in the past. Congress wants to eliminate the AMT and allow millionaires to once again abuse tax loopholes (which haven’t been eliminated) to pay zero taxes.
» Read more about: Zero Taxes for Millionaires – No Joke »
The Reagan tax cuts of 1986 / 1987 reduced corporate taxes from 46% to 34%. Politicians would have you believe that worker wages went up resulting from these cuts, but the facts prove otherwise. While GDP soared, worker wages actually DROPPED by 6%. The Tax Cuts and Jobs Act is a corporate giveaway that will help shareholders and CEO’s on the back of workers.
» Read more about: History Shows Tax Cuts Won’t Lead to Wage Hikes »
In what universe is it okay to finance tax cuts? What happened to fiscal responsibility? We’re borrowing money in order to pay for taking in less money. This will leave us with more public debt to leave our children. Let’s get back to fiscal responsibility. Call your Senators at (202) 225-3121 and tell them vote NO on tax cuts that raise the deficit.
» Read more about: Tax Cuts and Jobs Act adds $1.7 Trillion to Deficit – No Kidding »
The Tax Cuts and Jobs Act passed by the US House of Representatives will lead to 13.8 million people in the middle class getting a tax hike according to the Congressional Bipartisan Joint Committee on Taxation. Will you be one of them? This bill is a giveaway to corporations and the 1% on the backs of the middle class.
» Read more about: 13.8 Million Middle Class Get Tax HIKE in Tax Bill »
The Tax Cuts and Jobs Act passed by the US House of Representatives will add $1.7 Trillion to the deficit. What happened to fiscal responsibility? The House voted to finance tax cuts for the 1% and corporations while leaving the middle class with debt. Call you Senators at 202-225-3121 and tell them to pay off the debt first.
» Read more about: Even a Preschooler Knows you Don’t Finance Tax Cuts »
Fuzzy Math. Taking in less money is no way to pay off the US deficit.
Proposed tax cuts add 2.4 trillion over 10 years to deficit. That’s $2.400,000,000,000!
Call Congress and tell them to pay off the debt first. Don’t finance tax cuts for the 1%.
» Read more about: Don’t Finance Tax Cuts for the Rich. Say NO to more US debt. »
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US Budget Underwater.
Pay off the deficit first. THEN think about tax cuts. Proposed tax cuts add 2.4 trillion to the US deficit over 10 years. That’s $2,400,000,000,000!
Call Congress and tell them to pay off the debt first. This is not the time for tax cuts for the 1%.
» Read more about: Tax Cuts Explode US Deficit »
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