How will Alaskans fare under tax reform bill?

posted by Rick Rydell - 

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As Indivisible and MoveOn.org saturate Alaska’s airwaves with #killthebill messages warning of dire consequences if the Senate’s Tax Cuts and Jobs Act passes, a look at the actual impact on Alaskan taxpayers shows they’ll keep more of their income in most tax brackets.

Here’s how the Not One Penny movement describes the tax reform bill:

As President Trump and congressional Republicans push their plans to give massive tax breaks to the rich, progressive groups and grassroots organizations are mobilizing across the country to demand that elected officials provide not one penny in tax cuts for millionaires, billionaires, and wealthy corporations.

The last thing working-class Americans need is a tax code that further rigs the system in favor of corporations or gives another leg up to the top one percent.+ Trump’s so called ‘tax reform’ plan uses the same trickle-down economics that has left working families and small businesses behind as corporate profits skyrocket and wages stagnate.+ We should call these efforts what they are: a scheme that will pad the pockets of the wealthy at the expense of working families.

How will Alaskans fare under tax reform bill?
Rick Rydell

Rick Rydell

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