WisDems: Vukmir and Nicholson-endorsed GOP tax scam gets even worse, Johnson opposes

Contact: Brad Bainum, bradb@wisdems.org

MADISON — Against all odds, Congressional Republicans keep finding ways to make the right-wing state Senator Leah Vukmir and out-of-state billionaire puppet Kevin Nicholson-endorsed GOP tax plan even worse. And now even Ron Johnson can’t support the plan.

Last night, U.S. Senate Republicans released an updated version of their tax bill that only adds to their earlier version’s serious problems, including by weaponizing the bill as a vehicle to take away 13 million Americans’ healthcare access.

Here are some low-lights of the Senate GOP tax bill after the latest round of changes:

13,000,000 More Uninsured, With 10% Premium Spike. The GOP Senate tax plan now sets up 13,000,000 Americans to become uninsured, and it would catalyze a premium spike of “about 10 percent” (there’s a reason “Insurers, doctors and hospitals oppose repeal of Obamacare individual mandate”;

Tax Increase On Nearly 1-in-3 Wisconsinites. The new Senate GOP plan still eliminates the state and local tax (SALT) deduction (something Vukmir’s strongly advocated), which would increase taxes for 31% of Wisconsinites;

Corporations Get Big, Permanent Cuts… While Individuals And Families Face Tax Increases. The updated Senate GOP bill sets up massive, permanent cuts for special interest corporations, while actually increasing rates on working families. And for families who do see some small benefit, it will only be temporary, while corporations reap cuts for years to come.

Republicans Plan To Gut Social Security And Medicare To Pay For Cuts For Their Big Donors And Corporate Special Interest Backers. According to the New York Times, “The possibility of cuts to safety net programs appeared more likely on Tuesday, as the Congressional Budget Office warned that the tax bill could set off an arcane budget rule that would make deep cuts to Medicare over the next decade.” The CBO reports that the GOP tax plan could gut Medicare by $25,000,000,000.
“Republicans are trying to gut Americans’ healthcare access to pay for a massive tax giveaway from working families to corporate special interests, Wall Street, and billionaire CEOs,” said Brad Bainum, Democratic Party of Wisconsin spokesperson for the 2018 Senate race. “It’s difficult to imagine Leah Vukmir and Kevin Nicholson tying their political futures to a piece of legislation that’s this toxic, but here we are. It’s a scam, and both Vukmir and Nicholson have to answer for their plans to hike taxes on Wisconsinites and gut their earned benefits while gifting GOP megadonors big tax cuts.”

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