On the recordDecember 19, 2017
This bill will be the largest transfer of wealth in our Nation's history, financed by mortgaging our children's future with a mountain of increased debt. It is not really even a policy. It is, rather, a collection of special interest provisions being sold on a false set of promises. It is not middle class tax relief. It is, instead, permanent and massive tax reduction for the largest corporations and wealthy individuals like Donald Trump. Eighty-three percent will flow to the top 1 percent. Everybody else will receive only a small, and temporary, tax reduction. Ultimately, 86 million Americans, middle class Americans, will have their taxes increased. This legislation fails utterly to invest in the American people for this $2.3 trillion. But it is a bonanza for the attorneys, the accountants, and the lobbyists finding ways to further enrich the most privileged in America. And, for weeks to come, we are going to learn more about the special gifts hidden within this bill to nail down the last few votes. No wonder the American public is opposed. They are right, and the Republicans are wrong.





