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General News    H3'ed 11/30/17

Oligarchs Clawback Social Benefits, Call it "Tax Reform"

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The Oligarch Wades Ashore
The Oligarch Wades Ashore
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It Started as a Tax Cut. Now It Could Change American Life...NYT

With a potentially far-reaching dimension, elements in both the House and Senate bills could constrain the ability of states and local governments to levy their own taxes, pressuring them to limit spending on health care, education, public transportation and social services. In their longstanding battle to shrink government, Republicans have found in the tax bill a vehicle to broaden the fight beyond Washington.

The result is a behemoth piece of legislation that could widen American economic inequality while diminishing the power of local communities to marshal relief for vulnerable people — especially in high-tax states like California and New York, which, not coincidentally, tend to vote Democratic.

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David is a columnist writing on foreign affairs, economic, and political and social issues. He is an Associate Editor of The Greanville Post. His articles have been published by OpEdNews, The Real News Network, Truth Out, Consortium News, (more...)
 

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