Y’all. This tax bill is so bad from so many angles, it’s actually fucking horrifying.
It discourages homeownership for the middle class which is another tactic to ensure the rich (landlords) keep getting richer.
It makes student loan debt more difficult.
It could make graduate studies only accessible to already very wealthy students.
It repeals state/local tax deductions and effectively penalizes people who live in states where there are higher taxes (and therefore states that tend to have more social safety nets and progressive voters.)
It’s predicted it will have a chilling effect on nonprofits and charity (which will mean a reduction in services that low income folks routinely depend on.)
It is a giant threat to the health of middle/low income people.
It will increase political corruption and the likelihood of election buying. A provision to repeal the long standing Johnson Amendment could “… dramatically increase untraceable political spending and lead to the creation of ‘sham churches’ to take advantage of the new avenue for political spending, which — unlike donations to candidates, ‘super PACs’ and party committees — would allow donors to deduct contributions.”
And this is JUST the stuff I’m aware of from listening to TONS of NPR coverage this month, which I then googled to find sources.
Jesus. This is bad.
Ya know…I feel like we have a responsibility to tell people this stuff ^^^
How many people will just hear a sound bite from Trump saying “the average American will get a $1200 tax break” or some other lie and be like “sounds good” and NEVER ACTUALLY PAY ATTENTION until it’s passed and we all end up even poorer than we are now.
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OH NO. OH GODDDD. Someone just reblogged this post……….it’s internet old so I hadn’t really thought about it in so long....
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