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ThePansyBastard™📎
@ThePansyBastard
, 6 tweets, 2 min read Read on Twitter
#GOPTaxScam You will lose ded for: medical, taxes, student loan int, alimony, moving exp, employee exp, casualty losses, gambling (1/ )
#GOPTaxScam (2/ ) mtg int limited to 500K debt, tuition & fees deduction, tax prep. Then there are the elmination/reduction of credits
#GOPTaxScam (3/) Credits eliminated: Adoption credit, Lifetime Learning & Hope credits (college) - and the AOTC is reduced. Just horrible!
#GOPTaxScam (4/) Exclusions eliminated: Childcare exp through employer, employer-paid education, employer paid moving exp. That's just ind.
#GOPTaxScam (5/) Business - lose like-kind exchange exclusion for equipment - something that is WIDELY used, Interest exp limited to 30%
#GOPTaxScam (6/) Contributing property to your business could become TAXABLE! Many credits that help small businesses would be GONE.
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Ali Adair
@AliAdair22
💥Steve King U.S. Congress IA-04 (please vote for J.D. Scholten @Scholten4Iowa) is a quadruple threat at the very least on some of the most prominent issues of the 2018 Election.

1⃣▶️He’s a racist, intensifying the pervasive polarization in the country

desmoinesregister.com/story/news/pol…
2⃣▶️Steve King has voted for every repeal or bill to chip away at the Affordable Care Act

3⃣▶️He voted for the #GOPTaxScam, a series of tax breaks for corporations & wealthy passed by Republicans, now used as the excusing for cutting Social Security, Medicare and Medicaid
4⃣▶️King is backed by Charles Koch, who has been funding a hybrid of Republican/Libertarian/"eccentric" billionaire causes & politicians for decades in order to promote his agenda: mainly to abolish EPA/all environmental regulations, bust employee unions & ease corporate taxes.
Read 39 tweets
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Steny Hoyer
@WhipHoyer
On the 6 month anniv of the #GOPTaxScam, I’m w @NancyPelosi, @JanSchakowsky, @CongressmanRuiz, @RepMcEachin & Americans impacted to discuss how it is leaving small biz behind, raising health care costs, & making retirement less secure. Tune in: facebook.com/WhipHoyer/vide…
My staff will tweet during today’s press conference on the #GOPTaxScam’s impact on middle-class families, small biz owners, & seniors. Follow along here using the hashtag #GOPTaxScam
Six months ago, Congressional Republicans passed a hastily written #GOPTaxScam law that adds $1.8 trillion to the deficit to give massive tax breaks to the wealthiest. The bill came to the Floor without hearings, testimony, &, very frankly, without proofreading.
Read 10 tweets
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diane straub
@didikins4life
#GOPTaxScam Puts Medicare and Medicaid on the Chopping Block to Give a Tax Break to the One Percent 1
#RESIST #ProtectOurCare
Americans across the country can’t be fooled: the debt-exploding GOP tax scam puts Medicare and Medicaid on the chopping block and ultimately raises taxes on 86 million middle class American families: 2 #GOPTaxScam #Medicaid #Medicare #ProtectOurCare
#GOPTaxScam Raises Taxes on 86 Million Middle Class Families – the GOP tax scam’s meager, temporary benefits for the middle class evaporate in a few years, and the scam ultimately raises taxes on 86 million middle class families. 3 #GOPlies #VoteThemOut
Read 17 tweets
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Sunjeev Bery
@SunjeevBery
Yesterday, I spoke on the phone with a top elected official in Congress.

We talked strategy for stopping the #GOPTaxScam bill. This bill is moving fast. Here is what the person said. 1/x

#NotOnePenny #TrumpTaxScam
(I repped for @MoveOn. Was joined on the call with leaders from allied orgs. Here's what the elected official shared (with their permission)): 2/x
Now that the House has passed their #taxscam bill, we have no time to lose.

Senate is next, but we need to go all out on both Senate and House, can't pick one first. No time. 3/x
Read 26 tweets
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Jess Phoenix
@jessphoenix2018
THREAD: Something many have overlooked is that the GOP just voted to financially devastate grad students by taxing their tuition waivers. This is ridiculous. Let's say a grad student gets a stipend of $30k and a tuition waiver...this is common. 1/
Since the tuition waiver isn't income for the student, it's not currently taxed as income. The #GOPTaxScam just changed that. Now, a grad student will be taxed on their stipend and tuition waiver...meaning your taxable amount just went from $30k to $80k or more. 2/
That would mean the student could owe $10k or so in taxes. Only very wealthy students will be able to afford grad school. This really harms our research competitiveness, too. 3/
Read 7 tweets
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isTrumpCareDead?
@IsTrumpCareDead
If you haven't read @benwikler's thread on the tax bill, you should.

THREAD: I'm going to break some of it down in a more personal manner because that's what motivates me.

2. This tax bill goes after the adoption tax credit.

I'm adopted. My adoptive parents were not wealthy. Tax credits and grants are the entire reason they could afford to be parents.

Without adoption, I may not be here.
3. This bill goes after the medical expense deduction.

"Most people can't use this" you might say.

But those that need it need it DESPERATELY. We haven't yet, but may in the future because of our medically fragile child. It matters to us.
Read 16 tweets

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#TrumpTaxScam #GOPTaxPlan #NetNeutrality #FarmBill #GOPTaxScam #MTG #GOPEvilBudget #PK #GOPTaxBill #BadDealForWomen #SolarPower #DemsWork4USA #FiscalMalfeasance #disabilities #NotOnePenny #FamiliesBelongTogether #SVRAV #TheResistance #Corruption #Herzinfarkt #Medicare #RESIST #GOP #Resist #LivingWage

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