Senate Budget Committee Republicans Just Passed the Disastrous Tax Bill
Bill Will Raise Taxes on Middle Class
Senate Republicans on the Budget Committee just passed the disastrous tax bill that will actually raise taxes on the middle class while giving large tax cuts to the wealthy. The vote was entirely on party lines, 12-11.Â
Polls show the majority of Americans oppose the legislation, which is constantly in flux. Most correctly believe it is a tax cut for millionaires and billionaires. It also removes the individual mandate for ObamaCare, which could shatter health care exchanges.
The bill will now go to the Senate floor.Â
This is a breaking news and developing story. Details may change. This story will be updated, and NCRM will likely publish follow-up stories on this news. Stay tuned and refresh for updates.
To comment on this article and other NCRM content, visit our Facebook page.
If you find NCRM valuable, would you please consider making a donation to support our independent journalism?
Enjoy this piece?
… then let us make a small request. The New Civil Rights Movement depends on readers like you to meet our ongoing expenses and continue producing quality progressive journalism. Three Silicon Valley giants consume 70 percent of all online advertising dollars, so we need your help to continue doing what we do.
NCRM is independent. You won’t find mainstream media bias here. From unflinching coverage of religious extremism, to spotlighting efforts to roll back our rights, NCRM continues to speak truth to power. America needs independent voices like NCRM to be sure no one is forgotten.
Every reader contribution, whatever the amount, makes a tremendous difference. Help ensure NCRM remains independent long into the future. Support progressive journalism with a one-time contribution to NCRM, or click here to become a subscriber. Thank you. Click here to donate by check.