Featuring the essays and political comments of Steve McKeand (SCM). Take the tour, click on "Ouotes" and other page labels.
Monday, November 20, 2017
Tax Cut And [Hose] Job Bill
I cannot speak for others but I am
hoping that I will be able to say I am thankful for Senators who had
the conscience and good sense to vote against Republican tax bills.
As usual it is only large corporations and the rich (the donor class)
that will really benefit from any bill put forward by the party of
Greedy Old Plutocrat. In the bills the Republicans have proposed in both the House and
the Senate the tax cuts given to corporations and the wealthy are
permanent whereas the sun set provisions in those bills mean that the
middle class and the poor will actually see tax increases by 2027.
Furthermore the PayGo budget rule will result in decreases in the
benefits from paid benefits programs such as Social Security,
Medicare, and Medicaid. I should add the provision in the proposed
Senate bill eliminating the individual mandate in the ACA will also
result in a steep increase in the cost of health insurance. So to all
you white males out there let me say you are well advised to set
aside your feelings because the feelings you are getting from the
Republican Party ain't a prostate exam!
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