Congressman Don Young voted to pass a Republican tax “reform“ bill in the House of Representatives last week that would give huge tax breaks to corporations and the wealthiest one percent and add $1.7 trillion to the national debt.
The minor tax relief that the rest of us might (or might not) receive from this bill would be more than offset by cuts to federal programs (Medicare, Medicaid, funding for education and state and local programs, etc.) that the people that pushed this bill will say are necessitated by the increased debt.
The biggest winners would be the corporations and billionaires who bankroll politicians in Washington and who fund the army of lobbyists who wrote the bill (along with the Wall Street grifters that make up the Trump administration’s economic team).
The Senate will have their turn to vote on a Republican tax “reform” bill on November 27. That bill was also written to benefit the wealthy and powerful at the expense of the rest of us and would add $1.7 trillion to the national debt.
It also includes provisions to undermine the Affordable Care Act, which would further destabilize our inadequate health care system and cause health insurance premiums to increase even more.
Do we really not care anymore if representatives in Washington mainly serve the interests of the wealthy and powerful? Have we just given up and decided to let corporate CEOs and Wall Street grifters use their wealth and political power to accumulate more wealth and power?
Do we now accept the four-decade-long trend of increasing economic inequality in our country? Do we not care how that trend will affect our children and their children if we allow it to continue into the future? No? Then tell Senators Murkowski and Sullivan to vote “NO” on the tax bill!