Congressional Tax plan could mean deep public cuts

Posted Oct. 3, 2018 by

At a time when our country needs real investments in infrastructure, education and public services, congressional leaders are doubling down on tax cuts for the rich.

Last week, amidst turmoil in Washington surrounding the U.S. Supreme Court nomination, politicians who lead the U.S. House used the opportunity to approve the advancement of a bill that offers a new round of tax cuts for the richest 1 percent of Americans.

Although the U.S Senate is unlikely to take up this bill anytime soon, the move reveals what anti-worker politicians have planned for the long haul. The tax bill would cost up to $3 trillion over 10 years, on top of the nearly $2 trillion already spent on the first round of tax cuts.

This could mean serious consequences for public services in Ohio as the 1 percent's proposed tax cuts will not likely trickle down and could mean even more deep cuts on the state and local levels. Not to mention, the wealthiest 20 percent would get 65 percent of the tax cuts from the new bill, which is essentially a new set of handouts for the wealthy at the expense of working families.

How is this fair? Read more…