TAXES AND TAXATION : DISINFORMATION : UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY : INDUSTRIES: PETROLEUM : LIBERTARIANISM : RACISM : BIGOTRY : EXTREMISM : FAKE NEWS : FRAUD : SCAMS: The GOP Tax Plan is Moving Forward. It's a Big Scam on Trump's Base.

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TAXES AND TAXATION : DISINFORMATION : UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY : INDUSTRIES: PETROLEUM : LIBERTARIANISM : RACISM : BIGOTRY : EXTREMISM : FAKE NEWS : FRAUD : SCAMS: The GOP Tax Plan is Moving Forward. It's a Big Scam on Trump's Base.

David P. Dillard
Administrator



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TAXES AND TAXATION :

DISINFORMATION :

UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY,

TEA PARTY :

INDUSTRIES: PETROLEUM :

LIBERTARIANISM :

RACISM :

BIGOTRY :

EXTREMISM :

FAKE NEWS :

FRAUD :

SCAMS:

The GOP Tax Plan is Moving Forward. It's a Big Scam on Trump's Base.

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The GOP Tax Plan is Moving Forward. It's a Big Scam on Trump's Base.

By Paul Waldman

November 16, 2017  at 1:18 PM

Washington Post

https://www.washingtonpost.com/blogs/plum-line/wp/2017/11/16/
the-gop-tax-plan-is-moving-forward-its-a-big-scam-on-trumps-base/
?utm_term=.5eba73e52a4c

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A shorter URL for the above link:

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http://tinyurl.com/yav7b552

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If youre one of those white working-class voters who propelled Donald
Trump into the presidency and gave Republicans total control of
Washington, the GOP has a message for you: Sucker!

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Today the House will pass its version of a tax reform bill, and if and
when the Senate passes its version, the two will be combined in a final
bill that will most likely wind up becoming law. We already knew that the
House version would raise taxes on tens of millions of Americans  about 36
million, according to figures from the Joint Committee on Taxation, whose
job it is to analyze tax bills before theyre voted on. Now were learning
more about the Senate version:

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The tax bill Senate Republicans are championing would give large tax
cuts to millionaires while raising taxes on American families earning
$10,000 to $75,000 over the next decade, according to an analysis released
Thursday by the Joint Committee on Taxation, Congress official nonpartisan
analysts.

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President Trump and Republican lawmakers have been heralding their
bill as a win for hard-working Americans, but the JCT report casts serious
doubt on that claim. Tax hikes for households earning $10,000 to $30,000
would start in 2021 and grow sharply from there. By the year 2027,
Americans earning $30,000 to $75,000 a year would also be forced to pay
more in taxes even though people earning over $100,000 continue to get
substantial tax cuts.

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Everyone always knew Republicans were going to cut taxes for the wealthy.
Theyre Republicans; thats what they do. But its a genuine surprise to see
them raising taxes on people with more modest incomes. Why isnt this being
angrily decried by all those conservatives who believe that tax increases
are a crime against humanity? Could it possibly be that they dont really
care about the middle class as much as they say? Was the whole point of
this exercise to cut taxes on corporations and the wealthy, and if regular
people have to pay more so those at the top can pay less, then thats fine
with them? Say it isnt so!


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The complete article may be read at the URL above.

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