For anyone concerned about racism, note that the worst possible outcome of any racist logic is precisely what’s happening to the Palestinians in Gaza. Dehumanization accepted as common sense to systematically murder, plunder, burn, torture a ppl while blaming them for their death
The House bill doles out a laundry list of tax cuts, only partially offset by brutal cuts to Medicaid & IRA green incentives.
My @Morning_Joe Chart
The GOP is (partially) offsetting regressive tax cuts with regressive spending cuts. The result is a $10,000 gain for Americans in the top 20% and a $800 loss for those at the bottom.
My @Morning_Joe Chart
Massively cutting Medicaid and SNAP isn’t the only way to find savings. We could just forgo tax cuts for Americans making over $500K instead.
My @Morning_Joe Chart
What is there left to say. For nearly 600 days, Palestinians have been slaughtered on a genocidal scale, & the world has decided their daily slaughter is normal.
1.5+ years of daily screams & charred bodies & starving children, & no one will stop it. What a failure for humanity.
House Rs are also expanding the most skewed provision of the 2017 law: increasing the estate tax exemption by more than $1 million to $30 million per couple – this only affects the wealthiest 0.1% of estates & a large share of this money has never been taxed
The initial House Republican text increases the passthrough deduction to 22% -- a provision that skews overwhelmingly in favor of millionaires. So millionaire owners will pay a top tax rate of 28.9% while their highest paid employees pay 37%.
& talking about failing to deliver, the passthrough deduction in the 2017 law was an economic bust w/a huge cost. Treasury & Fed economists found no real evidence of increased investment, jobs, or wages for employees – & yet, Rs want to increase it
https://t.co/XKu06h9bLS
🚨 🚨 🚨 The emerging House R tax bill appears highly skewed to the wealthy, w/ several regressive expansions of 2017 tax cuts & full of costly timing gimmicks, while, despite their rhetoric, failing to deliver for millions of working-class families
What Israel is doing — systematically starving an entire population in Gaza — should shock the world, but media silence has made this atrocity feel so normal??!!
.@amanpour: Are you denying that people have died of starvation in Gaza, this is reported by international doctors and humanitarians, are you denying that seriously?
🇮🇱: These are complete lies…a lot of reporters prefer their data from Hamas
Amanpour: An American humanitarian org says, ‘Israel’s blockade—
🇮🇱: Well—
Amanpour: No listen, ‘the deliberate delays, denials…is an engineered system of deprivation’…I don’t understand what it gains you to allow women and children to starve
🇮🇱: It’s a lie
Nearly all of the remaining staff at the National Institute of Occupational Safety and Health were laid off Friday, multiple officials and laid-off employees told CBS News, gutting programs ranging from approvals of new safety equipment to firefighter health. https://t.co/8W4YbFDqA2
Whatever you think about tariffs, I think we can all agree that they should never be used to finance tax cuts for rich people and corporations. And that's exactly what's happening today.
Working and middle-class families will pay more. Billionaires will pay less.