For Immediate Release
Republican's Senate Tax Bill 'A Kiss to the Donor Class'
'Cruel and Inhuman'
WASHINGTON - We are outraged. Republican Senators passed a rushed, partially hand-written tax bill that delivers $1.5 trillion to the 1% – and we’re going to pay for it. Trump calls it “a big beautiful Christmas present.” That’s exactly what it is for Republican donors, corporations and the rich. The rest of us are getting coal.
This is how Trump does business. Load up debt, grab as much cash as possible, and leave before the party ends. He will be out of office and billions richer while the economy crashes and burns.
This tax scam is going to break the American economy. The massive tax cuts for corporations and the 1% will be permanent. Small tax cuts for the rest of us will be temporary. By 2027, 87 million working-class and middle-class families will get a tax hike. We have to stop them.
There is a path to killing this bill but we need your help. The tax bill is on a collision course with the December 8th deadline to avoid a government shutdown. There are so many special interests and gimmicks that this house of cards could fall apart. Every hour counts as we mobilize to stop this tax scam.
The cruelty is staggering. 13 million people will lose health insurance. Medicare, Medicaid, and other health care programs will be slashed by more than $1.5 trillion. All to cover the cost of tax breaks for people like Pfizer’s CEO Ian Read (who raked in $17.3 million last year). The bill will add a $1.5 trillion to the deficit and weigh down the economy with massive interest payments and jeopardize critical services.
This bill is even less popular than the bank bailout of 2008. 61% of voters say the plan will benefit the rich over the rest of us. They’re right.
This is the world we live in. This is the world we cover.
Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do.