Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Patriotic Millionaires on tax scam: A Stab In the Heart to The American Dream
DECEMBER 3, 2017 BY EGBERTO WILLIES
The Patriotic Millionaires released a harsh statement condemning the Senate's passage of the Trump and the Republicans tax cut scam. I've interviewed the Chairman of this organization several times. While I do not agree with all of his precepts he is a good man and this organization is an important one not in completely mitigating income inequality but moderating it. The reality is that it's a systemic defect in our economic system that guarantees the permanency of both income and wealth inequality.
"A Stab In the Heart to The American Dream"
Washington, DC - Today, members of the Patriotic Millionaires tore into Republican Senators for passing the so-called Tax Cuts and Jobs Act, which piles mountains of debt onto the country to pay for tax cuts for millionaires and wealthy corporations.
“This bill is a national embarrassment,” said former Blackrock executive Morris Pearl, Chair of the Patriotic Millionaires. “It is anathema to everything the country was founded on. When the government allows dynastic wealth and multinational corporations to dictate the terms of our economy, everyone else suffers. This bill will be a disaster for millions of hardworking American families, devastating both their bank accounts and their health, all in the name of tax cuts for the wealthy. It is no exaggeration to say this bill is one of the most miserable pieces of legislation to ever pass through the Senate, and its supporters should be ashamed of what they did today. This is nothing less than a stab in the heart to the American Dream.”
“This bill is nothing more than a disgraceful attempt to take from the poor and the middle class of this country to give to the rich. Millions of Americans are going to be hurt by this bill, whether it’s because of higher taxes or unaffordable health insurance. Today’s vote sends a clear signal to the American people that they don’t matter to their Senators, that the only thing that’s important to this bill’s supporters are campaign contributions. The loss of the medical expense deduction and the student loan interest deduction are particularly cruel, targeting both those who are most vulnerable and those who are just looking to build a better life for themselves through education,” said Patriotic Millionaire Karen Stewart, retired professor of finance and accounting.
https://egbertowillies.com/2017/12/03/patriotic-millionaires-tax-cut-scam/
The Patriotic Millionaires released a harsh statement condemning the Senate's passage of the Trump and the Republicans tax cut scam. I've interviewed the Chairman of this organization several times. While I do not agree with all of his precepts he is a good man and this organization is an important one not in completely mitigating income inequality but moderating it. The reality is that it's a systemic defect in our economic system that guarantees the permanency of both income and wealth inequality.
"A Stab In the Heart to The American Dream"
Washington, DC - Today, members of the Patriotic Millionaires tore into Republican Senators for passing the so-called Tax Cuts and Jobs Act, which piles mountains of debt onto the country to pay for tax cuts for millionaires and wealthy corporations.
“This bill is a national embarrassment,” said former Blackrock executive Morris Pearl, Chair of the Patriotic Millionaires. “It is anathema to everything the country was founded on. When the government allows dynastic wealth and multinational corporations to dictate the terms of our economy, everyone else suffers. This bill will be a disaster for millions of hardworking American families, devastating both their bank accounts and their health, all in the name of tax cuts for the wealthy. It is no exaggeration to say this bill is one of the most miserable pieces of legislation to ever pass through the Senate, and its supporters should be ashamed of what they did today. This is nothing less than a stab in the heart to the American Dream.”
“This bill is nothing more than a disgraceful attempt to take from the poor and the middle class of this country to give to the rich. Millions of Americans are going to be hurt by this bill, whether it’s because of higher taxes or unaffordable health insurance. Today’s vote sends a clear signal to the American people that they don’t matter to their Senators, that the only thing that’s important to this bill’s supporters are campaign contributions. The loss of the medical expense deduction and the student loan interest deduction are particularly cruel, targeting both those who are most vulnerable and those who are just looking to build a better life for themselves through education,” said Patriotic Millionaire Karen Stewart, retired professor of finance and accounting.
https://egbertowillies.com/2017/12/03/patriotic-millionaires-tax-cut-scam/
3 replies
= new reply since forum marked as read
= new reply since forum marked as read
