14 Nov Fighting Tax Cuts for the Rich
Posted at 11:56h
America’s labor movement is focused on fighting the $1.5 trillion tax cut from the House GOP because it would reward outsourcing, slow down economic growth and overburden the middle class. It’s time for Congress to tax Wall Street and CEOs to create jobs, build vital infrastructure and prepare our people for the work ahead.
Message of the Day—Fighting Tax Cuts for the Rich
The AFL-CIO and our allies are fighting for tax and budget policies
that meet the needs of working people.
Real tax reform will close the loopholes that give massive tax breaks to companies that outsource jobs and profits, and require millionaires and Wall Street to pay their fair share.
Responsible lawmakers will use tax revenue to create good jobs for working people now and in the future, while still funding critically important programs like Social Security, Medicare and Medicaid.
The $1.5 trillion tax cut hailed by House Republican leaders isn’t reform. It’s just another giveaway to the rich and powerful, while working people pay the tab.
Kitchen Table Economics
: That’s the answer to this question: Will the $1.5 trillion House GOP tax cut create jobs?
Source: The Labor Wire, AFL-CIO