Democrats Plan Rally To Protest Tax Cuts
December 5, 2017 at 6:40 p.m.
By Staff Report-
The political party will be voicing its opposition to tax legislation that recently passed the House and Senate.
According to the Democrats’ press release, “This legislation will widen the gap between rich and poor, add $1.5 trillion to the national debt, potentially cut $25 billion from Medicare next year, and also leave graduate students with a hefty tax increase as their tuition waivers (much like a scholarship), will now be considered taxable income. Furthermore, as analysis from the non-partisan Congressional Budget Office shows, all Americans who earn less than $75,000 will be paying higher taxes by the year 2027.”
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The Kosciusko County Democrats find it unconscionable that Republican Senator Todd Young would vote for something that was passed in the middle of the night with little to no public hearings, and was so rushed that amendments were literally written in by hand.
Additionally, according to the release, “this legislation, if enacted, will harm the local economy by jeopardizing the highly educated workforce our orthopedic firms depend on. If the GOP plan to tax graduate students becomes law, there will be fewer engineers and/or bio-science students available to work at Zimmer Biomet, DePuy and a host of other smaller local orthopedic firms. Our seniors have paid into Medicare all of their lives and it’s despicable that the GOP is prepared to pull the rug out from under them right as their about to claim their benefits, in order to give the Koch Brothers a hefty tax cut.”
The public is invited to join the Kosciusko County Democrats to air their frustration and opposition to the bill.
The political party will be voicing its opposition to tax legislation that recently passed the House and Senate.
According to the Democrats’ press release, “This legislation will widen the gap between rich and poor, add $1.5 trillion to the national debt, potentially cut $25 billion from Medicare next year, and also leave graduate students with a hefty tax increase as their tuition waivers (much like a scholarship), will now be considered taxable income. Furthermore, as analysis from the non-partisan Congressional Budget Office shows, all Americans who earn less than $75,000 will be paying higher taxes by the year 2027.”
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The Kosciusko County Democrats find it unconscionable that Republican Senator Todd Young would vote for something that was passed in the middle of the night with little to no public hearings, and was so rushed that amendments were literally written in by hand.
Additionally, according to the release, “this legislation, if enacted, will harm the local economy by jeopardizing the highly educated workforce our orthopedic firms depend on. If the GOP plan to tax graduate students becomes law, there will be fewer engineers and/or bio-science students available to work at Zimmer Biomet, DePuy and a host of other smaller local orthopedic firms. Our seniors have paid into Medicare all of their lives and it’s despicable that the GOP is prepared to pull the rug out from under them right as their about to claim their benefits, in order to give the Koch Brothers a hefty tax cut.”
The public is invited to join the Kosciusko County Democrats to air their frustration and opposition to the bill.
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