Today is #GivingTuesday, and I know many of us are thinking hard about how we can build a better world.
The truth is: We pursue the common good in America through philanthropy and through government. Government policy, and especially our taxing and spending decisions, is how Americans collectively and publicly work to bring about what is beneficial for our society. We do so privately through philanthropic giving and the charitable sector. Both are essential for building a fair and just society.
But the GOP tax plan undermines philanthropy and government and threatens what progress we’ve made toward a more equitable and sustainable future for our country.
Tell Congress to prioritize tax policy that serves the common good, not the wealthy.
The Republicans’ tax bill:
- Transfers trillions from the needy to the wealthiest Americans.
- Creates perverse incentives for hoarding – not giving – by the very wealthiest individuals and by corporations who would rush to move even more money to offshore tax havens.
- Eliminates taxes on most inherited wealth.
- And as if that weren’t enough, the Senate bill opens up drilling for oil in the Arctic National Wildlife Refuge, further sabotages the individual healthcare market and would force immediate cuts of $25 billion from Medicare, with lots more to come.
If the Republicans enact their radical tax agenda, it will mean drastic cuts for social safety net programs that low- and middle-income Americans rely on to get by. And it will mean an unprecedented payday for multi-national corporations, the super-wealthy and the GOP’s donor class.
We can’t let the GOP turn #GivingTuesday into #TakingTuesday.
NCRP is standing with its allies at Americans for Tax Fairness by calling on all who care about a healthy, functioning democracy and a just tax system to oppose the new Republican tax plan.
The time is now. Call your Senators at (202) 224-3121 and urge them to vote “NO” on the Tax Cuts and Jobs Bill.