The Republican tax bill will unequivocally hurt the middle-class and blow up the deficit in order to give the rich big tax cuts, but the Senate version of the bill has expanded to include religious conservative wishlist items that barely have anything to do with taxes, according to The New York Times.
Among the items in the bill:
-Allowing churches to engage in political activity by getting rid of a law created in 1954.
-Limiting state spending on education.
-Capping state health care spending.
-Ending the Obamacare individual mandate which would drive up premium costs.
-Redefining how the law defines a person to hack away at abortion rights.
The Times reports that as the bill “has been rushed through Congress with scant debate, its far broader ramifications have come into focus, revealing a catchall legislative creation that could reshape major areas of American life, from education to health care.”
Via The New York Times:
Some of this re-engineering is straight out of the traditional Republican playbook. Corporate taxes, along with those on wealthy Americans, would be slashed on the presumption that when people in penthouses get relief, the benefits flow down to basement tenements.
Some measures are barely connected to the realm of taxation, such as the lifting of a 1954 ban on political activism by churches and the conferring of a new legal right for fetuses in the House bill — both on the wish list of the evangelical right.
One of the ironies about the GOP tax bill is the party’s claim to back state’s rights while crafting a tax bill that specifically takes aim at what blue states can do within their own borders.
“The result is a behemoth piece of legislation that could widen American economic inequality while diminishing the power of local communities to marshal relief for vulnerable people — especially in high-tax states like California and New York, which, not coincidentally, tend to vote Democratic,” The Times reports.
Of course, all of these amendments are only scratching the surface of what’s wrong with the tax bill, which is the tax plan itself. Republicans, who have long complained about wealth redistribution, are straight up redistributing wealth from the bottom up.
Economists and experts overwhelmingly agree that both the House and Senate plans are unlikely to generate job and economic growth.
Instead, “many view the legislation not as a product of genuine deliberation, but as a transfer of wealth to corporations and affluent individuals — both generous purveyors of campaign contributions,” The Times notes.
Within a decade, people making between $40,000 and $50,000 will be paying $5.3 billion more in taxes than they would if Congress did nothing. On the flip side, those making over $1 million would pay $5.8 billion less in taxes within a decade.
A horribly unpopular Congress is trying to pass a terribly unpopular tax bill at the behest of a woefully unpopular president.
Don’t let Congress take your money and give it to the rich while leaving your kids to pay off the massive debt the plan will cause. Call (202) 224-3121 and tell your senators to vote NO.