Here’s what you need to know about the Senate GOP Tax Plan
The Republicans handled the Senate Finance Committee markup process with shameful and reckless haste. Republicans used the Thanksgiving holiday to meet behind closed doors so they can take their tax bill to the Senate floor for a vote as early as this week.
Millions of hard-working people are facing a tax increase, higher insurance premiums and worse health care, but it’s not too late for Americans to speak out. So pick up the phone, write a letter, and tell your friends and families to get engaged. The American people can stop this bill in its tracks.
What you need to know about the bill:
The Senate GOP tax bill is a con job. It would give massive handouts to multinational corporations and political donors at the expense of middle class Americans. Because of this bill, millions and millions of low-income and middle-income Americans are going to get hit with a tax hike they can’t afford.
The rules didn't make them do it. Senate GOP leaders chose to write a tax bill that pays for permanent corporate tax cuts by raising taxes on middle- & lower-income ppl & adding millions to the uninsured: https://t.co/W0gUeUprFh #RespectTheirAgency pic.twitter.com/jV8kfVTkQ9— Chye-Ching Huang (@dashching) November 21, 2017
The GOP tax plan isn’t just tax injustice. It’s now an attack on health care. 13 million Americans are going to get kicked off their health care. Premiums will skyrocket for millions more. All because of massive handouts to corporations.
The Senate #GOPTaxBill is prioritizing affording the top 0.1%'s tax cuts over 13 million Americans having health care. How is that strengthening the middle-class? https://t.co/k4JQEctoyN pic.twitter.com/40ZTW8ak8L— Center on Budget (@CenterOnBudget) November 21, 2017
It’s an economic double standard. Temporary tax cuts on the middle class will pay for permanent tax cuts for multinational corporations. In 2021, working families are staring at a tax hike of nearly $6 billion dollars. In 2027, families that earn $75,000 and under are staring at a $27 billion tax hike. But corporations are guaranteed permanent, lasting and across-the-board tax cut.
— Ron Wyden (@RonWyden) November 15, 2017
The GOP tax plan’s child tax credit would exclude moms, dads and caregivers who need it most.
— Center on Budget (@CenterOnBudget) November 17, 2017
It also targets Oregonians and families in communities across the country where the American dream has sparked economic growth and lifted families into the middle class
Ron Speaks Out:
Day 1 of the @SenateFinance markup is over, and Democrats are determined to stop Republicans’ middle class con job. I’ll be sharing markup updates here each night. #GOPTaxPlan #RonReport pic.twitter.com/ozonYZI0Oz— Ron Wyden (@RonWyden) November 14, 2017
ATTN: Senate Republicans are trying to pull off a backdoor repeal of the #ACA by raising health insurance premiums for millions of Americans. Day 2 of @SenateFinance #GOPTaxPlan markup #RonReport pic.twitter.com/DTFwOsZf5r— Ron Wyden (@RonWyden) November 14, 2017
JUST IN: Not only are Republicans trading Americans' health care for corporate handouts, but they shot down every amendment for veterans, Medicare & Social Security and red, white and blue jobs. Recap of @SenateFinance #GOPTaxPlan markup day 3 #RonReport pic.twitter.com/QgmSzDF01c— Ron Wyden (@RonWyden) November 16, 2017
THE VOTES ARE IN: Senate Republicans put corporate handouts over the health and well-being of America’s middle class. ?? SPEAK OUT. The time for action is NOW. ?? #RonReport #GOPTaxPlan https://t.co/i4qMeHe8jw— Ron Wyden (@RonWyden) November 17, 2017