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Working Families Thrown Under the Bus with Senate Passage of Tax Plan

ATU International President Larry Hanley released the following statement on the Senate passage of their tax proposal. 

“America is the wealthiest country in history, but we can’t pay our bills. We owe $20 trillion and now Congress will add a trillion more dollars to give people with gold drapes money they do not even need. 

 “The Senate’s passage of their tax plan is likely the largest transfer of wealth from the poor to the rich ever facilitated by Congress.

“Like the House of Representatives’ plan, the Senate tax bill is sham. Using the same dumb arguments that landed us in the Great Recession, they just put working and middle class bus drivers, nurses, teachers and their families on the fast track to economic death row. The Congressional Budget Office says that by 2027, people making $40,000 to 50,000 would pay a combined $5.3 billion more in taxes. Meanwhile, rich people earning $1 million or more would get a combined $5.8 billion tax cut. 

“Adding insult to injury, the Senate bill calls for the repeal of the Affordable Care Act’s mandate for most people to have health insurance. This would leave 13 million people without insurance and drive up premiums for many others who are already struggling to afford coverage. Instead of moving to universalize healthcare, they’re moving to universalize medical poverty.

“Meanwhile corporate America and the 1% are cheering this bill. They will get even richer through massive and permanent corporate tax giveaways making make millionaires into billionaires while leaving the rest of America behind.

“With Robert Mueller haunting Pennsylvania Avenue, you’d think Congress would act more cautiously. Instead, they are moving at breakneck speed to plunder the Republic before their party ends.”