Political Quotes

“yesterday marked the deadline for filing personal income taxes in America. I am sure many people spent the past weekend surrounded by 1099 forms and shoe boxes full of receipts, hoping to claim a well-deserved tax refund after a year of financial stress due to the pandemic. That is another reason why the American Rescue Plan that Congress passed earlier this year was such a major accomplishment. It included, that plan, included the largest, single-year tax cut for middle- and low-income earners in the history of the Nation. Let me repeat that. This year's American Rescue Plan included the largest, single-year tax cut for middle- and low-income earners in America's history. But for a privileged few, those tax cuts are pennies compared to the deductions they enjoy every year because of Republican tax proposals, proposals like the Trump tax plan that Republicans signed into law in 2017, just 4 years ago. Over the next few years, it is estimated that more than 80 percent of the benefits from this Trump tax plan will go exclusively to the top 1 percent of American earners--the top 1 percent. It is nothing more than welfare for the wealthiest. Perhaps the most egregious aspect of the Trump tax plan is the billions of taxpayer dollars it will give to the world's wealthiest individuals and corporations over the next decade. We are already feeling the devastating impact this corporate giveaway has had on America's economy.…”