The to-and-fro about whether to look at GOP tax bill before or after most of its provisions expire is distracting from the fact that it's very bad in both cases, for the same reasons 1/
Here's why we should take the fact that it sunsets most of its provisions -- leaving only tax cuts for corporations paid for by low- & middle-income tax increases & 13 million more uninsured -- seriously: 2/
The Senate rules didn't make them do this. The GOP chose to make this trade-off of hurting households to make corporate tax cuts permanent. cbpp.org/blog/senate-go… #RespectTheirAgency 3/
Even before most of the individual tax provisions expire, the Senate GOP bill increases taxes on 19 million households w/ incomes <$200k: taxpolicycenter.org/model-estimate… 4/
That's just tax increases. Those w/ incomes <$40k lose *on average* when counting losses of tax credits, Medicaid, etc., from repeal of ACA's individual mandate (13 M more uninsured): 5/
And before 2026, the bill is squeezing state budgets by repealing the deduction for state & local taxes. (Even if they retain it for some property taxes). cbpp.org/blog/house-tax… 6/
