The Republican Tax Plan’s Worst Sin: Concentrating Money in the Hands of the Few

By Andrew Eil This piece originally appeared on Observer.com After the Senate voted 51-49 late Friday night to pass a sweeping tax reform bill that cuts taxes for corporations and the wealthy, likely creating massive new deficits, congressional Republicans were jubilant. On Saturday Senate Majority Leader Mitch McConnell wrote that the tax bill “will help make America an economic powerhouse again.” But their celebration is premature. Even if these cuts become law, as is expected once the Senate and House reconcile their two tax bills and President Trump signs the resulting product, the legislation is unlikely to propel us into a golden age of …

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The GOP Tax Plan is A Major Assault in Their War Against Social Security, Medicare And Medicaid

By Nancy Altman and Linda Benesch This piece originally appeared in the Huffington Post Republican senators have just voted for their version of the Trump tax scam legislation, a huge giveaway to the super-wealthy. By doing so, they have brought their overlords — the billionaire donor class — one step closer to their longstanding goal of dismantling Social Security, Medicare, and Medicaid. The donor class war against these programs is no secret. When David Koch ran for vice president in 1980 as part of the libertarian party, his platform stated, “We favor the abolition of Medicare and Medicaid programs,” and “We …

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The Latest Republican Tax Proposal Is the Dumbest Yet

By David Dayen This piece originally appeared in The Nation The negotiations over the Trump tax overhaul have moved from tragedy to farce. You could let monkeys bang on typewriters for several millennia and not come up with an idea as profoundly stupid as what Senate Republicans added Tuesday to appease one of their own members. Before we get to that, let’s be clear that this astonishingly dumb notion is being scooped on top of a bill that is already economically illiterate. It’s painstakingly designed to punish people making under $75,000 a year and those who happen to live in states that didn’t vote …

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In Puerto Rico, Bernie Sanders wants to put his progressive vision for America to the test

By Will Drabold This post originally appeared on Mic Sen. Bernie Sanders unveiled legislation Tuesday morning to rebuild Puerto Rico, which will once again position his progressive vision for America as the view of some key Senate Democrats. After convincing 15 Democrats to back his “Medicare for all” proposal in September, the Vermont senator has convinced five of his fellow senators to support his progressive vision for Puerto Rico following the island’s devastation from Hurricane Maria. The cosponsors include potential 2020 presidential hopefuls Sens. Elizabeth Warren (D-Mass.), Kamala Harris (D-Calif.) and Kirsten Gillibrand (D-N.Y.), as well as Sens. Richard Blumenthal (D-Conn.) and …

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Senate GOP tax bill hurts the poor more than originally thought, CBO finds

By Heather Long This piece originally appeared in The Washington Post The Senate Republican tax plan gives substantial tax cuts and benefits to Americans earning more than $100,000 a year, while the nation’s poorest would be worse off, according to a report released Sunday by the nonpartisan Congressional Budget Office. Republicans are aiming to have the full Senate vote on the tax plan as early as this week, but the new CBO analysis showing large, harmful effects on the poor may complicate those plans. The CBO also said the bill would add $1.4 trillion to the deficit over the next decade, a potential problem …

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A Vote For The GOP Tax Bill Is A Vote To Cut Medicare

It will trigger automatic cuts of 400 billion dollars over the next ten years. By Nancy Altman and Linda Benesch This piece originally appeared in The Huffington Post Do you trust Paul Ryan to protect your Medicare benefits? How about White House budget director Mick Mulvaney, a former member of the House Freedom Caucus and, like Ryan, a longstanding foe of Medicare? If the just-passed House tax bill, its Senate counterpart, or some compromise of the two is signed into law, the enactment will put Medicare’s future in the hands of Ryan and Mulvaney. According to the Congressional Budget Office, …

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Battle Lines Drawn as GOP Moves Closer to ‘Greatest Transfer of Wealth to the Super-Rich in Modern American History’

“If we are going to stop Republicans from taking healthcare from millions and slashing Medicare to give tax cuts to the wealthy and large corporations, now is the time to stand up and fight back.” By Jake Johnson This piece originally appeared in Common Dreams With their passage of a deeply unpopular $1.5 trillion tax cut bill on Thursday, House Republicans did their part in “paving the way for the greatest transfer of wealth from regular people to the super-rich in modern American history,”—a move that sparked a flood of outrage from progressive activists and lawmakers who vowed to mobilize and do everything …

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We Must End Global Oligarchy

By Bernie Sanders This piece originally appeared on CNN One of the major, untold stories of our time is the rapid movement toward global oligarchy, in which just a handful of billionaires now own and control a significant part of the world economy. Here in the United States, the top one-tenth of 1% owns almost as much wealth as the bottom 90%. Incredibly, according to a recent report from the Institute for Policy Studies, three of the richest people in America — Bill Gates, Jeff Bezos and Warren Buffett — now own more wealth than bottom 160 million people in our country. But this is clearly …

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How to Fix the Democratic Party

It’s time we come together to enact real reform—only then can we defeat Donald Trump and retake the country. By Bernie Sanders – November 10th, 2017 This piece originally appeared in Politico Donald Trump’s presidency represents an unprecedented crisis for our country. His campaign, and now his White House, seek to divide us using racism, sexism, homophobia, Islamophobia and xenophobia. His economic agenda is the agenda of the billionaire class. He wants more tax breaks for the rich, while cutting education, nutrition, affordable housing and other programs desperately needed by working families. And his refusal to acknowledge the great danger …

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We must fund community health centers now

BY SEN. BERNIE SANDERS — 11/07/17 02:15 PM EST This piece originally appeared in The Hill Under the radar of most Americans and the mainstream media is a looming crisis that could strip health care from millions of people and result in the loss of tens of thousands of good paying jobs. With the funding deadline for community health centers having lapsed over a month ago, Congress must act right now or 70 percent of funding will be cut, and the doors of 2,800 health centers will close. Community health centers are an integral part of our nation’s health care system. They provide …

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Bernie Sanders warns of ‘international oligarchy’ after Paradise Papers leak

US senator warned that leak of documents exposing offshore tax havens show ‘rapid movement’ toward a group of billionaires controlling the global economy by Ed Pilkington in New York and David Smith in Washington This piece originally appeared in The Guardian Bernie Sanders has warned that the world is rapidly becoming an “international oligarchy” controlled by a tiny number of billionaires, highlighted by the revelations in the Paradise Papers. In a statement to the Guardian in the wake of the massive leak of documents exposing the secrets of offshore investors, Sanders said that the enrichment of wealthy individuals and companies in tax havens was “the …

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The GOP’s $1.5 Trillion Tax Plan Does Almost Nothing for the 99 Percent

The House’s proposed legislation is full of goodies for the wealthy, but offers virtually no relief to anyone else. BY BRYCE COVERT November 3, 2017 This piece originally appeared in New Republic This week, House Republicans finally unveiled their tax cut package after months of stating vague principles, squabbling over details, and even delaying its release by a day. Even though the plan offered more information than Republicans had been willing to cough up previously, many families still likely have very little idea of whether they’ll be helped or hurt by the plan. That is, unless they’re rich. Even without a full …

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