Tag: GOP Tax Plan
Through the Lens of the GOP Tax Plan, the Future Looks Bleak
If the Republican tax plan passes Congress, it will mark a watershed for the United States. The medium- and long-term effects of the plan will be a massive drop in public investment, which will come on the heels of decades of declining spending (as a percentage of gross domestic product) on infrastructure, scientific research, skills training and core government agencies. The United States can’t coast on past investments forever, and with this legislation, we are ushering in a bleak future.”
— Fareed Zakaria
Voters Will Hold Candidates Responsible for Tax Plan
55% to 26%
A new Quinnipiac poll finds American voters disapprove of the pending Republican tax plan by a wide margin, 55% to 26%, and 43% say they are less likely to vote for a U.S. Senator or Congressperson who supports the plan. Key finding: “Only 16% of American voters say the tax plan will reduce their taxes, while 44% say it will increase their taxes and 30% say the tax plan will have little impact.”
The ‘Anti-Suburban Tax Bill’ Will Take Its Toll
“The suburbs are swinging back to us.”
— Senate Minority Leader Chuck Schumer (D-NY), saying the Republican tax proposal is “an anti-suburban tax bill” because it would reduce how much homeowners can deduct in state and local taxes, the Washington Post reports.
From ‘Plan’ to ‘Scam’
It’s hard to label what the Republicans are making a “plan.”
It sure doesn’t fulfill the promises of the man with the orange tan.
But as congressional bumblers
Keep massaging the numbers,
It’s just looking more and more like a rich white guy’s scam.