The top House Democratic tax writer, Sandy Levin, vowed today to fight hard against the sort of tax-code overhaul the Republican majority wants. He says the GOP plan, eliminating some so-far-unspecified tax breaks to offset the cost of reducing the corporate tax rate from 35 percent to 25 percent, would end up hurting the poor because “you would have to eliminate virtually every tax incentive for middle income and poor families.”
His comments, to the Center for American Progress Action Fund, suggest that this year’s early optimism about a bipartisan approach to simplifying the tax code may have been overblown.
USuncutMN says: Tax the corporations! Tax the rich! Stop the cuts, fight for social justice for all. Standing in solidarity with http://www.usuncut.org/ and other Uncutters worldwide. FIGHT for a Foreclosure Moratorium! Foreclosure = homelessness. Resist the American Legislative Exchange Council, Grover Norquist and Citizen's United. #Austerity for the wheeler dealers, NOT the people.
USuncutMN supports #occupyWallStreet, #occupyDC, the XL Pipeline resistance Yes, We, the People, are going to put democracy in all its forms up front and center. Open mic, diversity, nonviolent tactics .. Social media, economic democracy, repeal Citizen's United, single-payer healthcare, State Bank, Operation Feed the Homeless, anti-racism, homophobia, sexISM, war budgetting, lack of transparency, et al. Once we identify who we are and what we've lost, We can move forward.
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