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A few minutes ago, Congressional leaders finally showed the American people their tax bill -- the one they were supposed to show us yesterday, and have been talking about behind closed doors for months.
So why the delay?
They've been afraid to show us what's inside ... and now, we know why.
We already knew this plan would cut taxes for rich people and corporations, and that's still true. But to pay for these unnecessary cuts, the money has to come from somewhere -- and Congress and the White House want it to come from hardworking middle-class families.
We can't let that happen. It's on all of us to call our representatives, right now, and demand a better tax plan.
Here's how this plan could affect you:
- If you're one of the millions of Americans who count on Medicaid, Medicare, and other middle-class programs ... this plan sets the stage for draconian cuts down the road, by adding $1.5 trillion to our deficit over the next decade.
- If you claim certain deductions on your federal taxes because you are paying off student loans, or because you've incurred medical expenses, or because you pay your fair share in state income taxes ... this plan will take away your right to claim them.
- If you're looking to buy a house ... a new cap would be placed on how much mortgage interest you'd be able to deduct.
- If you get a tax credit because you're retired on disability, or because you have adopted children... those vanish under this bill.
They're hurting millions of Americans, all so they can give tax breaks to huge corporations that don't need them. And, allow families worth more than $5 million to not pay a dollar of taxes on their estates.
This is what a bad process leads to: an equally bad bill. We shouldn't be surprised -- but it's up to us to make sure this doesn't go a step further.
Call your representative now to demand a better tax plan:
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Saumya Narechania
National Issues Campaign Manager
Organizing for Action
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