From: Ryan Grim [mailto:info@xxxxxxxxxxxxxxxxx] ;
Sent: Friday, December 01, 2017 10:16 PM
To: miriamvieni@xxxxxxxxxxxxx
Subject: Tax fraud alert in the Senate
People often joke about Republicans that they believe government doesn’t work,
and when they take power, they set out to prove it. Man, has that never been
more true than tonight, as Senate Republicans are literally scribbling tax law
into the margins of a document and rushing it through. They plan to vote any
minute, and they didn’t even try to find somebody in the office with good
handwriting. No, really:
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Say what you will, at least Republicans have been honest about why they feel so
much pressure to get this done. Here are three actual quotes:
Colorado Senator Cory Gardner: “Donors are furious”
New York Republican Rep. Chris Collins: “My donors are basically saying: ‘Get
it done or don’t ever call me again.’”
South Carolina Senator Lindsey Graham: "The financial contributions will stop.”
This bill gets talked about in the press as a $1.5 trillion tax cut. It’s not.
It is, broadly speaking, a $6 trillion tax cut
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for some people paid for by a $4.5 trillion tax hike on other people.
That makes it the biggest tax hike in American history. (Republicans spent
years calling Obamacare the biggest tax increase in U.S. history because it
raised about $800 billion in taxes. This blows that out of the water.)
Here’s my story laying out the numbers to make the case.
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But the GOP has a list of more than a hundred economists who say that it’s a
great idea! The Intercept’s Lee Fang took a closer look at the list and found
it was populated by ghosts, cranks, office assistants, an ex-felon (not that
there’s anything wrong with that) and a lot of retired economists who were
claiming to still be working. His story is here.
If you want to take a break from watching C-Span as they inch toward passing
this stack of paper, here’s an interview I did with TYT’s Ana Kasparian
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on the tax bill.
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