Republicans have done the impossible. The GOP tax CUTS are less popular than past tax INCREASES! #GOPTaxPlanhttps://fivethirtyeight.com/features/the-gop-tax-cuts-are-even-more-unpopular-than-past-tax-hikes/ …
Show this thread
-
Grad students won’t be able to afford to stay in school w/
#GOPTaxPlan. It taxes their tuition waivers, increasing their tax burden by 400%. This destroys US innovation.Show this thread
In the first year alone, #GOPTaxPlan triggers $25B cut to Medicare—cuts that will only get worse over time.
-
-
#GOPTaxPlan makes our children & grandchildren pay for massive tax breaks for the richest Americans & corporations by saddling them w/ $1.7T in new debt.Show this thread -
#GOPTaxPlan is gift to the wealthiest. Preserves the carried interest loophole – letting hedge fund managers keep billions untaxed, with even Trump saying they’re “getting away w/ murder.”Show this thread -
GOP claims tax relief for small biz, but cuts for "pass-through" businesses mostly helps wealthy corporations & individuals--like Trump Organization. 70% of pass-through income goes to top 1%.
#GOPTaxPlanShow this thread -
Most egregious giveaway in
#GOPTaxPlan for the ultra-rich is elimination of the inheritance tax. Gives fewer than 3,000 families each year an extra tax break worth $151 billion.Show this thread -
Buried in the disastrous
#GOPTaxPlan is a provision to open up the Arctic National Wildlife Refuge to oil drilling. An incalculable cost to our heritage traded for pennies to Big Oil. Why risk this treasure when we are already awash in oil??Show this thread -
#GOPTaxPlan is a stealth tax on most Americans: In 2025, 22.5M families w/ incomes less than $200k face tax increases. In 2027, 37.8M families w/ incomes below $200k face tax increases.https://www.cbpp.org/blog/jct-millions-of-households-face-tax-increase-or-no-tax-benefit-under-senate-gop-bill …Show this thread -
America is falling apart and falling behind.
#GOPTaxPlan fails utterly to invest in America. Actively undermines our communities by taking away tools to build roads, bridges, utilities, airports.Show this thread -
#GOPTaxPlan would sharply limit the state & local tax deduction, taxing a tax and making it harder for communities to make up for lost federal support for local programs like education, transportation, environmental protection, & low-income housing.Show this thread
End of conversation
New conversation -
-
-
Then start writing a bill to fix it, cuz weather we like it or not, it looks like we are going to get stuck with it...
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.