The Republican-controlled House of Representatives just passed Trump's dumpster fire of a tax plan yesterday, jeopardizing millions of families' financial stability and health care in one swift blow.1
The Republican tax plan can still be stopped, and your senator, Senator John McCain, is a key player in this fight. But we have to act fast.2
Sharing personal stories with elected officials is one of the most compelling ways to influence their vote. And here's the thing: everyone, including you, has a story to share about how this tax plan negatively impacts them and those they love, because the Republican tax plan is a complete disaster for women, middle- and working-class families, and anyone else who isn't a millionaire and billionaire in the top 1%. In fact, the Senate bill is even worse than the one that passed in the House: it will also sabotage health insurance under the Affordable Care Act, which means 13 million people could lose their health insurance if this tax bill passes, including 282,000 people in Arizona.3 Here are just a few of the many ways this tax plan affects people:
- Individuals making between $20,000-$30,000 per year would be hit the hardest, with their taxes beginning to rise by 2021. By 2027, they would see a more than 25% increase in their tax bill.4
- Everyone making under $75,000 per year would see taxes increase throughout the next decade.5
- Health care premiums will rise 10% for more than 20 million people in 2019.6
- A typical middle-class family buying insurance through the marketplace will see a $2,000 increase in cost by 2019.7
- Those who rely on Medicare will also face enormous hardship--Arizona alone will lose $477 million in Medicare funding starting in 2018.8
- Homeowners will no longer be able to take mortgage interest deductions.9
- Those with student loans can no longer take student loan interest deductions.10
- The personal exemption of $4,050 for yourself, your spouse, and each of your dependents will be eliminated.11
The list goes on....
The good news is that the Republicans' path to success in the Senate is becoming increasingly rocky. On Wednesday, Senator Ron Johnson (R-MN), one of the most conservative Tea Party members of the U.S. Senate, announced that he won't support Trump's $1.7 trillion tax giveaway for the wealthy.12 That means just two more Republican senators need to say 'no' to this plan to secure a victory--and Senator John McCain is one of a few senators still on the fence.
It's highly likely that the Senate will vote on this tax bill before the end of November, which means that with the Thanksgiving holiday, there are only a few days left to show up and share your story with Senator John McCain. Once you sign up, we'll send you all the information you'll need, including talking points, tips, and tools to make sure your visit is as effective and impactful as possible. Can you make it?
- the UltraViolet Action team
Sources:
1. The House just passed its big tax bill. Here’s what is in it, Washington Post, November 16, 2017
2. House Approves GOP Tax Overhaul, With Senate Outlook Uncertain, NPR, November 16, 2017
3. Senate Plans to End Obamacare Mandate in Revised Tax Proposal, New York Times, November 14, 2017
4. Tax cuts in Senate bill would evaporate in a decade: JCT, The Hill, November 16, 2017
5. Senate tax bill cuts taxes of wealthy and hikes taxes on families earning under $75,000 by 2027, Washington Post, November 16, 2017
6. The Senate Tax Bill Threatens Access to Health Care, Center for American Progress, November 16, 2017
7. GOP tax bill would spike Obamacare premiums nearly $2,000 for families, trigger Medicare cuts, CNBC, November 16, 2017
8. The Senate Tax Bill Threatens Access to Health Care, Center for American Progress, November 16, 2017
9. The Republican tax plan is a dumpster fire. Let's take out the trash., NBC News, November 15, 2017
10. The GOP Tax Bill Is Bad for Students, Nation, November 14, 2017
11. House vote on taxes: Here's what's in the bill Republicans just passed, CNN Money, November 16, 2017
12. GOP tax plan in trouble after Republican senator says he won't back it, Washington Post, November 15, 2017
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