One of Congress’s top agenda items this fall is tax reform, but the plan put forward is anything but. It’s a huge tax cut for the wealthy and corporations paid for by forcing deep cuts to Medicare, Medicaid and Social Security.
Republicans say their plan is about the middle-class. But according to the Tax Policy Center, the top 1 percent would get a $129,030 tax cut in 2018 compared to a $660 tax cut for the middle 20 percent of American families, allegedly enough for a kitchen remodel according to out-of-touch Gary Cohn, the director of the National Economic Council and chief economic advisor to Donald Trump.
The Trump tax plan won’t help workers and won’t increase wages, but will take away adoption tax credits and won't let teachers claim the school supplies they're increasingly responsible for. I hope you don't plan on claiming medical bills, child care, school fees, mortgage or student loan interest.
True tax reform would eliminate loopholes and address the wealth inequality that the tax code currently fuels. This is nothing but tax cuts for the wealthy on the backs of the middle-class. Call U.S. Sens. Chuck Grassley, 563-322-4331 and Joni Ernst 563-322-0677, to oppose any plan that pays for tax cuts for the wealthy and corporations by forcing deep cuts to basic services people rely on. Call them to remind them who they really represent.