Read the entire Republican tax reform plan, here are my thoughts/analysis:
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1. After years of lecturing about a looming debt crisis, Republicans are now happy adding $1.5 trillion to the national debt.
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2. It’s a huge giveaway to big multinational corporations and millionaires + billionaires.
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3. If you’re a couple with an estate over $11 million you just got a tax cut—leaving everyone else to pay the bill.
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4. It repeals the state and local income tax deduction—double taxing hardworking Americans. 43% of Marylanders used this in 2015.
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5. Uses the same trickle-down economics playbook that failed during the Bush Administration.
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6. When the debt eventually explodes, Republicans will rediscover their “deficit hawk” ways and cut Medicare, Medicaid, and Social Security.
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Here’s the thing: Our tax code should be simplified. But this bill isn’t really tax reform, it’s a giveaway to the wealthy and powerful.
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End of conversation
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8 long suffering years of Mr. MoneyBags Obama throwing our hard earned tax dollars to foreign countries and you can give me a break?
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what are the Dems going to do about this
...you need to rally people to make those calls to the Hill...GOP removing middle-class deductions
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@lesliemack guess u must listen to FAKENEWS of@foxnews this will not help middle class or poor took away health deductions, state taxThanks. Twitter will use this to make your timeline better. UndoUndo
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@lesliemack deductions, student loans, etc. It will not bring jobs or grow the economy the plan is joke most will pay more except RICHThanks. Twitter will use this to make your timeline better. UndoUndo
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