Let me get this straight. The Republican controlled House of Representatives has voted to cut $50 billion in spending "over five years from a range of social programs, including Medicaid, food stamps, and federal student loans".
At the same time they voted to cut taxes $95 billion over the same 5 years. Over a third of this is a capital gains cut and "Because wealthy taxpayers tend to earn more through investments, the tax package would disproportionately benefit them. About 40 percent of the total tax relief would go to those with annual incomes of $1 million or more". That works out to about $38 billion of the tax cut. This is basically making money off of money you already have.
So, $38 billion of the money was going to go to social programs will instead go into the pockets of people who are ALREADY millionaires. And who said Republicans only care about the rich?
This is so disgusting, really. Have they no sense of decency?
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