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Tax & Budget Tradeoffs: The GOP is Picking Winners & Losers

by Patriotic Millionaires | 3.27.18

Americans for Tax Fairness put together THIS great resource showing the tradeoffs from the harmful budget bill that was passed.

Take action now to call your elected representatives and tell them to vote NO on giving away trillions of dollars to wealthy corporations and individuals all while gutting the services regular Americans need!

Some egregious highlights include:

  • $2 trillion dollar giveaway to large corporations such as GE, while taking a $4.1 trillion cut to Medicare, Medicaid, and other “mandatory” services;

  • $770 billion tax cut for hedge fund managers, corporate lawyers, and real estate developers like Trump that run pass-through businesses, while taking a $800 billion cut education, medical research, job training, housing, EPA, infrastructure, and other non-defense “discretionary” services;

  • $440 billion tax cut from repealing the Alternative Minimum Tax (AMT) on the wealthy that will benefit Trump, while gutting $473 billion from Medicare;

  • $240 billion tax cut from repealing tax on estates worth $5.5 million or more, which will benefit Trump’s family, while taking away $200 billion from education, job training, and social services;

The list goes on…. HERE

Take action now to call your elected representatives and tell them to vote NO on giving away trillions of dollars to wealthy corporations and individuals all while gutting the services regular Americans need!

Patriotic Millionaires

Written by Patriotic Millionaires

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  • Charles
    11/05/2017
    ···

    our country is headed toward a system of only two tax brackets, the rich and the poor. wealthy companies and people get millions and millions of dollars while average working americans are forced to pay for these subsidies as we lose more monies and necessary services of a government we upkeep.

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