'An utter disgrace': GOP stimulus plan would cut taxes for corporations

[turbinetree]

while denying benefits to poorest

Published 2 hours ago on March 20, 2020
By Jake Johnson, Common Dreams

“Senate Republicans are using the COVID-19 pandemic to cut corporate taxes again and stop you from getting paid sick leave.”

“Heartless,” “cruel,” and “appalling” were just some of the adjectives progressive critics and analysts used late Thursday to describe the Senate GOP’s newly unveiled trillion-dollar economic stimulus package which—by design—would completely deny direct cash payments to the poorest Americans while cutting taxes for corporations, dishing out tens of billions in bailout funds to major industries, and restricting paid leave benefits that were just signed into law this week.

“The Senate GOP package is an utter disgrace,” tweeted Richard Trumka, president of the AFL-CIO. “It gives free money to corporations, ignores the health crisis, and does nothing to keep people working or help the unemployed. The labor movement will oppose this Main St. bailout of Wall St. with everything we have.”

“I don’t know how else to describe this but wantonly wicked. The poorest get zero; low-income households get half of what middle-income households get; and a kid counts for 40% of an adult.”
—Daniel Hemel, University of Chicago Law School

The Republican plan, released as the economic fallout from the coronavirus outbreak continues to worsen, would provide means-tested cash payments of up to $1,200 per adult and $500 per child, with the precise amount dependent upon 2018 tax filings.

https://www.rawstory.com/2020/03/an-utter-disgrace-gop-stimulus-plan-would-cut-taxes-for-corporations-while-denying-benefits-to-poorest/

FUCK this shit.........................I want fucking mortgage relief, renter relief, student debt relief, paid sick leave, credit card relief, car payment relief, these fucking corporations got a 1.5 trillion tax scam.....................this libertarian bullshit is what it is libertarian bullshit................and then to top it all off a fucking MEANS TEST.......................did the corporations and the oligarchs get a means test fuck no...................

November 3, 2020 cannot get here fast enough..........................

[duforsure]

1. Trump and McConnell's plan

Is stiffing the American people like trump does to contractors, and their plan will failed miserably driving us closer to a depression from being so inadequate to stimulate this economy. All of this could have been avoided but trump was too lazy to do his job. He knew almost a year before this happened this might hit us here.

[keithbvadu2]

2. Congress gets paid sick leave... Unlimited paid sick leave?

Congress gets paid sick leave... Unlimited paid sick leave?

[kysrsoze]

3. How can they get a tax cut when they don't pay any taxes to begin with. More socialized profit.

Fuck the Republican Party.

[TrishaJ]

4. EuroNews is reporting

France approved a stimulus package to pay all debts. In a sane world, our leadership would pass similar emergency legislation. If citizens have the means to continue to pay rent, buy food, pay utilities, etc., it would help the economy wouldn't it? Perhaps in exchange for credit card payment "holiday," creditors can qualify for a federal bailout. The whole system need assistance; not just corporations. If corporations would use this to implement payment holidays for cash-strapped consumers it's acceptable, but we all know they won't do that.