November, 14 2017, 03:30pm EDT
Leaders Schumer and Pelosi Join Members of Congress and Patriotic Millionaires for Rally Against GOP Tax Plans
Rally Comes as House Republicans are Set to Vote on Disastrous Tax Plan, Which Benefits the Wealthy and Well-Connected at the Expense of Working Families.
WASHINGTON
On Wednesday, with House Republicans set to vote on their disastrous plan that gives tax breaks to the richest Americans and wealthy corporations, The Patriotic Millionaires and Not One Penny are hosting a rally at the U.S. Capitol with Senate Democratic Leader Chuck Schumer, House Democratic Leader Nancy Pelosi, Senator Jeff Merkley, Representatives Joseph Crowley, Rosa DeLauro, Debbie Dingell, Lloyd Doggett, Keith Ellison, Pramila Jayapal, Barbara Lee, Alan Lowenthal, and Jerrold Nadler, leaders from progressive organizations, and constituents harmed by the devastating proposal.
Speakers at the rally will also demand that Trump release his tax returns so the American people know just how much he stands to gain from Republican tax plans that overwhelmingly benefit millionaires, billionaires, and wealthy corporations.
The event is being coordinated in partnership with Tax March, Americans for Tax Fairness, the Center for American Progress Action Fund, Communications Workers of America, Indivisible, Little Lobbyists, Main Street Alliance, MoveOn.org, National Education Association, Stand Up America, VoteVets, and numerous others.
What:
Rally to Defeat the Republican Tax Bill
When:
Wednesday, November 15, at 12:00 PM ET
Where:
United States Capitol, Area #10
Who:
Senate Democratic Leader Chuck Schumer
House Democratic Leader Nancy Pelosi
Senator Jeff Merkley
Rep. Joseph Crowley
Rep. Rosa DeLauro
Rep. Debbie Dingell
Rep. Lloyd Doggett
Rep. Keith Ellison
Rep. Pramila Jayapal
Rep. Barbara Lee
Rep. Alan Lowenthal
Rep. Jerrold Nadler
Frank Clemente, Executive Director of Americans for Tax Fairness
Anna Corbin, Little Lobbyists
Lily Eskelsen Garcia, President of National Education Association
Will Fischer, Director of Government Relations at VoteVets
Nicole Gill, Executive Director of Tax March
Stephen Prince, Card Marketing Services and a Patriotic Millionaire
Tiernan Sittenfeld, Senior Vice President of Government Affairs at League of Conservation Voters
Ben Wikler, Washington Director of MoveOn.org
ReShonda Young, Owner of Popcorn Heaven
RSVP:
Members of the media planning to attend the event should email Ryan Thomas at press@notonepenny.org.
The Patriotic Millionaires is a group of high-net worth Americans who share a profound concern about the destabilizing level of inequality in America. Our work centers on the two things that matter most in a capitalist democracy: power and money. Our goal is to ensure that the country's political economy is structured to meet the needs of regular Americans, rather than just millionaires. We focus on three "first" principles: a highly progressive tax system, a livable minimum wage, and equal political representation for all citizens.
(202) 446-0489LATEST NEWS
Biden 'Moving the Goal Post' With Threat to Withhold Bombs From Israel
"Now Israel has a green light to destroy Rafah in slow motion," said one critic.
May 08, 2024
While some Palestine defenders on Wednesday welcomed U.S. President Joe Biden's threat to withhold bombs and artillery shells from Israel if it launches a major invasion of Rafah, critics noted that an invasion is already underway and accused the American leader of walking back a previous "red line" warning against an Israeli assault on the southern Gaza city.
Biden said for the first time that he'll stop sending bombs, artillery shells, and other arms to Israel if Prime Minister Benjamin Netanyahu orders a major invasion of Rafah, where more than a million Palestinians forcibly displaced from other parts of the embattled Gaza Strip are sheltering alongside around 280,000 local residents.
Referring to Israel's use of U.S.-supplied 2,000-pound bombs—which can destroy an entire city block and have been used in some of the war's worst atrocities—Biden toldCNN's Erin Burnett that "civilians have been killed in Gaza as a consequence of those bombs and other ways in which they go after population centers."
Even the U.S. military—which has killed more foreign civilians than any other armed force on the planet since the end of World War II—won't use 2,000-pound bombs in urban areas. But Israel does, including when it launched a strike to assassinate a single Hamas commander by dropping the munitions on the Jabalia refugee camp last October, killing more than 120 civilians.
"If they go into Rafah, I'm not supplying the weapons that have been used historically to deal with Rafah, to deal with the cities," Biden said Wednesday.
Israeli forces have already gone into Rafah, and it was reported Tuesday that Biden was taking the unusual step of delaying shipments of two types of Boeing-made bombs to Israel to send a message to the country's far-right government. It was, however, a mixed message, as the president also earlier in the day reaffirmed his support for Israel's war on Gaza, which the International Court of Justice said is "plausibly" genocidal in a preliminary ruling in January.
Critics noted the shifting and subjective language used by Biden—who previously said that any Israeli invasion of Rafah would constitute a "red line" resulting in unspecified consequences.
"He said invading Rafah was a red line. Israel invaded Rafah anyway, bombing buildings, burning and crushing children to death," political analyst Omar Baddar said on social media. "Biden is now moving the goal post by adding a completely subjective descriptor: 'Major.' Now Israel has a green light to destroy Rafah in slow motion."
During the course of the seven-month Israeli assault on Gaza—which has killed, maimed, or left missing more than 124,000 Palestinians—Biden has said Israel has killed "too many civilians" with its "indiscriminate bombing," even as he's pushed for more and more military aid for the key ally.
Wednesday's interview came on the heels of Biden's approval of a $14.3 billion emergency military aid package to Israel, multiple moves to sidestep Congress to fast-track armed assistance, nearly $4 billion in previously authorized annual military aid, and diplomatic cover in the form of several United Nations Security Council vetoes.
Reporting that the Biden administration will delay a highly anticipated report on whether Israel is using U.S. military aid in compliance with international law also drew backlash Tuesday from human rights advocates.
Referring to Israel's U.S.-funded anti-missile system, Biden continued his supportive rhetoric during Wednesday's CNN interview, telling Burnett that "we're going to continue to make sure Israel is secure in terms of Iron Dome and their ability to respond to attacks."
But the president added that Israel's use of devastating weaponry against civilians is "just wrong," and that "we're not going to supply the weapons and artillery shells."
Some peace groups welcomed Biden's threat to withhold bombs and artillery shells from Israel, even while urging him to do more to stop his ally's genocidal onslaught.
"Biden's statement is as necessary as it is over overdue," Jewish Voice for Peace executive director Stefanie Fox said in a statement. "The U.S. already bears responsibility for months of catastrophic devastation: The nearly 40,000 Palestinians that the Israeli military has killed, the two million Palestinians being intentionally brought to the brink of famine, the decimation of all universities and almost every hospital in Gaza."
"Today's statement shows that Biden can no longer ignore the will of the majority of Americans who want a permanent cease-fire, release of all hostages, and an end to U.S. complicity in Israeli war crimes," Fox added.
Keep ReadingShow Less
House Dems Save 'MAGA Mike' Johnson From Marjorie Taylor Greene Ouster
"The GOP chaos caucus continues to do nothing for the American people and instead waste time infighting," said Rep. Pramila Jayapal, who did not support saving the far-right leader.
May 08, 2024
The majority of Democrats and Republicans in the U.S. House of Representatives on Wednesday saved far-right Speaker Mike Johnson from Rep. Marjorie Taylor Greene's attempt to oust him after less than seven months in the leadership position.
Johnson's (R-La.) election to the role in October—following the ouster of former Speaker Kevin McCarthy (R-Calif.), who then left Congress early—was seen as a signal of the MAGA flank's hold on the Republican Party. However, since then he has faced criticism from Greene (R-Ga.) and others for, among other things, not shutting down the government.
Greene delivered on her threatened motion to vacate—provoking boos from fellow lawmakers—after meeting with Johnson for hours on Monday and Tuesday. The final vote to table her resolution was 359-43, with 196 Republicans and 163 Democrats backing the far-right speaker. Seven Democrats voted present and 21 lawmakers did not vote.
Ten Republicans joined Greene in trying to give Johnson the boot: Reps. Andy Biggs (Ariz.), Eric Burlison (Mo.), Eli Crane (Ariz.), Warren Davidson (Ohio), Paul Gosar (Ariz.), Thomas Massie (Ky.), Alex Mooney (W.Va.), Barry Moore (Ala.), Chip Roy (Texas), and Victoria Spartz (Ind.).
Addressing the position of most Democrats, House Minority Leader Hakeem Jeffries (N.Y.) said in a statement:
Our decision to stop Rep. Marjorie Taylor Greene from plunging the House of Representatives and the country into further chaos is rooted in our commitment to solving problems for everyday Americans in a bipartisan manner. We need more common sense and less chaos in Washington, D.C.
Marjorie Taylor Greene and the extreme MAGA Republicans are chaos agents. House Democrats are change agents. We will continue to govern in a reasonable, responsible, and results-oriented manner and to put people over politics all day and every day.
Some of the 32 Democrats who supported ousting Johnson framed the vote as proof that—in the words of Rep. Maxwell Alejandro Frost (Fla.)—the "GOP really can't govern" and the "chaos caucus is on display."
Congresswoman Pramila Jayapal (D-Wash.) similarly declared on social media that "the GOP chaos caucus continues to do nothing for the American people and instead waste time infighting."
"Speaker Johnson organized an amicus brief effort to overturn the 2020 election. He opposes abortion rights, trans rights, and voting rights," Jayapal also said. "That's why I did not vote to save his speakership."
Rep. Gerry Connolly (D-Va.) also explained his vote on social media, saying: "Mike Johnson is the most ideological, right-wing speaker since the 1830s. His views and values are directly antithetical to mine. He stands for everything we, as freedom-loving Democrats, proudly stand against. I will never vote to keep him in that chair."
Congressman Mark Pocan (D-Wis.) was one of the members who voted present, which does not count for or against passage.
"Did I vote with the extremist white Christian nationalist who called a motion to vacate the speakership or did I vote to save the extremist homophobic Christian nationalist speaker to keep him in office?" Pocan said. "Neither. I voted 'present' on this sideshow."
Keep ReadingShow Less
Extending Trump Tax Cuts Would Add $4.6 Trillion to Deficit: CBO
"We can't afford 10 more years of giveaways to the wealthy and corporations and fail to invest in the people who drive our economy," said the head of Groundwork Collaborative. "This tax law should expire."
May 08, 2024
As former U.S. President Donald Trump and congressional Republicans campaign on extending their 2017 tax cuts if elected in November, a government analysis revealed Wednesday that doing so would add $4.6 trillion to the national deficit.
When Trump signed the Tax Cuts and Jobs Act during his first term, the initial estimated cost was $1.9 trillion. Last year, the Congressional Budget Office (CBO) projected that extending policies set to expire next year would cost $3.5 trillion through 2033.
The new CBO report—sought by U.S. Senate Budget Committee Chair Sheldon Whitehouse (D-R.I.) and Senate Finance Committee Chair Ron Wyden (D-Ore.)—says continuing the income, business, and estate tax cuts will now cost $4.6 trillion through 2034.
"The Republican tax plan is to double down on Trump's handouts to corporations and the wealthy, run the deficit into the stratosphere, and make it impossible to save Medicare and Social Security or help families with the cost of living in America."
Responding in a statement Wednesday, the senators cited an Institute on Taxation and Economic Policy (ITEP) estimate that "extending the Trump tax cuts would create a $112.6 billion windfall for the top 5% of income earners in the first year alone."
They also slammed their GOP colleagues, who Whitehouse said "are awfully eager to shield their megadonors from paying taxes."
He recalled that just last year, "Republicans held our entire economy hostage," refusing to raise the debt ceiling and risking the first-ever U.S. default, because they didn't want the Internal Revenue Service to get more funding to "go after wealthy tax cheats."
"Remember the Trump tax scam cutting taxes for billionaires and big corporations," Whitehouse continued. "Now they're set on extending those tax cuts, even though it would blow up the deficit. The Trump tax cuts were a gift to the ultrarich and a rotten deal for American families and small businesses. With their impending expiration, we have a chance to undo the damage, fix our corrupted tax code, and have big corporations and the ultrawealthy begin to pay their fair share."
Wyden similarly took aim at the GOP, warning that "the Republican tax plan is to double down on Trump's handouts to corporations and the wealthy, run the deficit into the stratosphere, and make it impossible to save Medicare and Social Security or help families with the cost of living in America."
"Republicans have planned all along on making Trump's tax handouts to the rich permanent, but they hid the true cost with timing gimmicks and a 2025 deadline that threatens the middle class with an automatic tax hike if they don't get what they want," he argued. "In short, they're focused on helping the rich get richer, and everybody else can go pound sand. Democrats are going to stand by our commitment to protect the middle class while ensuring that corporations and the wealthy pay a fair share."
Groundwork Collaborative executive director Lindsay Owens also responded critically to the CBO report, saying Wednesday that "extending Trump's tax law and effectively subsidizing corporate profiteering and billionaire wealth is a nonstarter."
"This tax law, on top of decades of failed trickle-down cuts, has come at the expense of workers and families," Owens stressed. "We can't afford 10 more years of giveaways to the wealthy and corporations and fail to invest in the people who drive our economy. This tax law should expire."
While some of the tax cuts in the 2017 law are temporary—unless they get extended—the legislation permanently slashed the statutory corporate tax rate from 35% to 21%. As Common Dreamsreported last week, a new ITEP analysis shows that tax rates paid by big and consistently profitable corporations dropped from 22% to 12.8% after the law's enactment.
Keep ReadingShow Less
Most Popular