Then your uncle says: "Those analyses are fake news. They show what happens AFTER tax cuts expire. Congress won't let that happen." You say: "Actually they're done by non-partisan experts, and, Congress just let health insurance for 9 million uninsured kids expire so..." 3/
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Your cousin chimes in: "Doesn't it make sense that richest ppl get most money out of a tax cut? I mean, they're richer to start with." You say: "The wealthiest see a benefit way bigger than everyone else -- even when measured as % of after tax income." http://www.taxpolicycenter.org/feature/analysis-tax-cuts-and-jobs-act … 4/pic.twitter.com/tkwVQFIbtJ
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Cousin's new BF says: "I heard they're doubling the standard deduction. That will surely help!" You say: "Yes, but they're eliminating exemptions too. That basically washes out a larger -- not doubled! -- standard deduction. And then they let it expire in 10 years." 5/
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Uncle again: "But our businesses just can't compete. We have the highest tax rate in the world!" You: "The effective rate - what corporations actually pay - is in line with the rest of the world. And corporate tax cuts help shareholders, not workers." https://www.cbpp.org/research/federal-tax/corporate-rate-cuts-are-a-poor-way-to-help-the-economy-and-most-workers-and … 6/pic.twitter.com/V1h8xvW30o
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Your parents' neighbor: "Imagine what will happen when we cut taxes for job creators. I've been out of work for too long." You: "Sorry to hear that. A tax plan like this was a miserable failure when Kansas did it, and it didn't lead to growth. Kansas lagged behind." 7/pic.twitter.com/ZYXqQHBk5z
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Your little bro: "Hey, won't Donald Trump himself get a huge tax cut personally from this plan?" You: "YES, THANK YOU. Repealing the alt. minimum tax alone would save him millions every year. The AMT ensures rich ppl like Trump can't exploit their way to paying no tax." 8/
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You go on: "And the Senate's doubling of the estate tax exemption --" Uncle again: "Yeah! The death tax!" You: "The estate tax affects 0.2% of fams. Only heirs inheriting over $11 million pay it. More ppl watched Heroes Season 4 than benefit from repeal of the estate tax.” 9/pic.twitter.com/iZ3AHurwDy
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Your aunt: "I'm just glad they're repealing the freedom-killing individual mandate." You: "That would mean 13 million more ppl are uninsured and premiums go up an extra 10%. This is why the tax fight = the health care fight." https://www.cbo.gov/publication/53300 … 10/
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You go on: "But even if they take the mandate repeal out, the tax fight is STILL a health care fight. The Tax Scam adds $1.5 trillion to the deficit -- which I thought you cared about AUNT BRENDA -- and will force deep cuts to Medicaid, Medicare, and SS down the road. 11/
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Your mom: "Where did you find all of this info?" You: "There are explainers, call scripts, state data and more at http://www.trumptaxscam.org . Everything we need to stop the
#TrumpTaxScam." 12/1 reply 57 retweets 82 likesShow this thread
Your bro: "Hey, what can I do to help?"
You: "@IndivisibleTeam is having a national day of action on 11/27. You can find and register an event here: http://act.indivisible.org/event/local-actions/search/ … We can stop this terrible bill! But we need everyone in on this fight, right now." 13/
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Your elementary school BFF (when did she get here?): "I live in a blue state. What can I do?" You: "Sign up here to make calls to fellow progressives in target states like AZ, TN, and WV and patch them through to their Senators! https://www.trumptaxscam.org/calls-to-kill-the-tax-scam/ … 14/
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Read more here, and don't get roasted by the
#TrumpTaxScam. When we fight, we win. Let's do this. https://www.indivisible.org/blog/talk-family-trump-tax-scam/ … 15/152 replies 55 retweets 72 likesShow this thread
End of conversation
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