In the dead of night Saturday (at 1:36am, specifically), the Senate GOP passed the most regressive and repulsive tax bill to ever come out of the US Congress. Under the guise of “tax reform” the Republicans in the Senate (including Florida’s own Marco Rubio) approved a plan that increases our national debt by at least $1.5 trillion, raises the cost of college for middle-class Americans, and adds 13 million people to the ranks of the uninsured. All to cut taxes on corporations and allow the children of the wealthy to inherit billions tax-free.
Representative Yoho’s Op-Ed is full of omissions and outright lies. Below we will take apart his op-ed one paragraph at a time (his original text in bold, our response beneath), share with you how this latest Tax Bill (known as H.R. 1, the Tax Cut and Jobs Act) will actually affect you, and demonstrate how your own elected leader is not only betraying you but also misleading you . Read more
Most Americans are untouched by the estate tax. In fact, only one in 5,000 people are affected by this 40 percent tax on inheritances over $5.49 million. But to hear U.S. Rep. Ted Yoho tell it, it is ruining America. Read more
Fond of giving himself high marks for nearly everything, President Trump receives low marks for his recent tax plan. When he introduced the “Unified Framework for Fixing our Broken Tax Code“ in a speech on September 27, 2017, he made several statements about it that are easily refuted. Why would he lie so blatantly while coming out of the gate on such an important part of his agenda? Read more