Call your Senators to stop the GOP tax scam!
The Senate tax bill could come up for a vote as early as today even though there have been no hearings and no CBO score. If this bill passes, there will be no conference committee. The House will simply pass the Senate bill and send it to Trump for his signature. This bill with it’s far reaching implications could be signed into law this week!
In addition to blowing up the deficit, increasing taxes on the middle class and showering 50% of the benefits on the top 1%, this bill would gut higher education.
From today’s NY Times:
“The House or Senate bill includes provisions ending the deductibility of tuition waivers for graduate students, repealing the deduction for interest paid on student loans and taxing university endowments.
The endowment tax, in particular, threatens the ability of low-income students to pursue college and graduate studies, said Ron Haskins, a senior fellow at the Brookings Institution. Proceeds from endowments subsidize students from lower-income families, while allowing students across the board to graduate with less debt.”
And that’s not all. Yesterday, Marco Rubio gave the game away and said the cost of the tax cuts would be offset by cuts to Social Security and Medicare.
Don’t let them get away with it! Call your Senators at 202–224–3121!