• repeals inheritance tax, paid only by richest 0.2%–worth up to $4 billion to Trump’s heirs, and would benefit half his Cabinet
• retains “step-up in basis” loophole, which allows tax-free inheritance of assets with untaxed capital gains
• repeals alternative minimum tax (AMT), designed to prevent rich from dodging taxes—without it in 2005, Trump’s tax rate would’ve gone from 25% to under 4% saving Trump $32 million
• taxes pass-through income from sole proprietorships/partnerships/real estate investments at 25% rather than at 39.6% applied to Trump and his cronies—annual savings of $23 million for Trump, $6-17 million for Jared Kushner, and $3-5 million for DeVos
• retains special loopholes for golf courses and for real estate developers, like Trump and Kushner https://www.washingtonpost.com/business/economy/a-tax-cut-bill-only-donald-trump-could-love/2017/11/07/f876d2ea-c3e4-11e7-aae0-cb18a8c29c65_story.html?utm_term=.0cdaf7d2b951
The American people do not support Trump’s Tax Scam and . . .
find his money-grubbing abhorrent.
We must work to defeat whatever version comes up for a vote!
**ACTION 1: Call both Senators and Congressman Walden**
(leaving a message counts too!)
SAMPLE SCRIPT for our Senators:
“My name is [–] and I’m a constituent from [city], Oregon, [zip code]. I am outraged by Trump’s Tax Plan, which provides a massive tax windfall for him, his family, and his Cabinet, at the expense of the rest of us. I want to thank the Senator for opposing this tax plan and implore him to do even more: to slow down the Trump Tax Scam by withholding unanimous consent and using any other procedural tools available. Please take down my information so you can let me know what he/she is doing to slow down the Trump Tax Scam. Thank you.”
SAMPLE SCRIPT for Congressman Walden:
“My name is [–] and I’m a constituent from [city], Oregon, [zip code]. I’m calling to let Congressman Walden know that I strongly oppose the House tax bill, which provides a massive tax windfall for Trump, his family, and his Cabinet, at the expense of the rest of us. Tell him to put Country before Party!Please take down my contact information so you can let me know what the Congressman decides to do. Thank you.”
**ACTION 2: Send this the information below to your friends and family**
https://ord2indivisible.org/wp-content/uploads/2017/08/ORD2-letters.jpg569640CTA Teamhttps://ord2indivisible.org/wp-content/uploads/2017/06/ord2Logo-300x105.pngCTA Team2017-11-10 06:41:582017-11-10 06:41:58Call to Action: November 10, 2017