Despite his rhetoric on the campaign trail, Trump has shown his true colors once again with a tax scheme that would devastate working families. According to New Jersey Policy Perspective, our state would be one of the hardest hit. New Jersey’s wealthiest 1 percent of taxpayers would receive an average $74,000 tax break each year while about 1 in 4 Garden State taxpayers would pay an average of $2,400 more in a year in federal taxes. What makes this plan so bad for New Jersey families is the elimination of the state and local tax deduction.
CLICK HERE to send a message to your U.S. Representative opposing tax breaks for the wealthy that mortgage the future of working families. In addition to the above aspects it also:
- Cuts hundreds of billions of dollars from Medicare and Medicaid, taking funding away from seniors in nursing homes, children and people with disabilities. It also would turn Medicare into a voucher-like program.
- Cuts more than $1 trillion from education and job training, and likely would lead to cuts in federal employee pensions, food stamps and unemployment benefits that millions of Americans rely on.
- Paves the way for a massive tax cuts for the rich. An estimated 96% of a planned massive tax cut would go to people making $1 million or more, providing a huge giveaway to the GOP’s rich donors but doing nothing for working people.
CLICK HERE to send a message to your U.S. Representative to stop Trump’s tax breaks and pass a budget that puts working people first.