Tax bill is terrible
Editor: So many things to be concerned about: Mass shootings, environmental catastrophes, sexual misconduct in the workplace, the Mueller probe of Russian election interference and threats and counter threats internationally.
Meanwhile, as we are distracted by events and Tweets, the Republican Congress is preparing to “give away the store.” It’s called The Tax Cuts and Job Act. It should be called The Gift to the Billionaires Act. It gives the big corporations, the ones that need it least, the largest tax cut in history, with no evidence that cutting their taxes has ever resulted in more jobs or higher wages. By doing this, the bill strips our federal government of funds needed for infrastructure repair, medical and social (such as drug) programs and emergency flood and other relief and for all the things that governments of civilized societies provide.
The bill will have a terrible effect on state and local budgets and puts our whole country into huge, deep debt. It’s going to hurt the middle and lower classes in both big and little ways.
It will effect Medicare, Medicaid and Social Security. There is nothing in this bill that’s good for the average wage earner, the average small business or the homeowner, (e.g. it removes deductions for home mortgage interest).
I urge everyone to read the actual bill text summaries online. Or read what entities like the Economic Policy Institute have to say about it. But above all, don’t let them “pull the wool over your eyes” as my Grandma used to say. My personal vow — I’m calling my lawmakers out on this. I will work tirelessly to defeat any lawmaker who votes for this terrible, awful, un-American bill.