Florida NOW

Statement of NOW President Toni Van Pelt:

The Senate tax bill passed today is a #BadDealForWomen. This ugly bill illustrates just how out of whack conservatives’ priorities are–paying for tax cuts for billionaires and millionaires by taking from women and their families.

Raced through the Senate with little transparency–language was finalized just hours before the bill came to a vote–the bill undermines women’s health, autonomy, and security from all angles.

It would shred social programs that sustain women. Billions of dollars would be cut from Medicare and Medicaid; funding for child care, food assistance, public education, and more would be threatened. As always, marginalized individuals–notably low-income women–will be hit hardest of all.

Even more chilling are the implications for healthcare. Under this plan, an estimated 13 million people will lose their health insurance–destabilizing the market for all.

It also lays the groundwork for conservatives to further undermine reproductive rights. The bill includes disturbing fetal “personhood” language, included only to build momentum for future rollbacks of access to abortion care and birth control.

It is clear whom this bill will wound–while giving a boost to the wealthy, and undermining our economic system as a whole. Women should be outraged that their senators so clearly voted against the interests of their constituents–and remember that vote next Election Day.

Contact
Emily Imhoff, planner@now.org, 951-547-1241

Statement of NOW President Toni Van Pelt:

Yesterday, the House Republican leadership shamefully rammed through a tax bill, H.R.1, Tax Cuts and Jobs Act, that expands the deficit by more than $1.5 trillion over ten years, increases taxes on and eliminates important tax benefits for middle- and low-income taxpayers, raids Medicare and Medicaid to pay for tax cuts for the wealthy, undermines future funding for scores of human needs programs that women and families depend on, and drastically reduces tax rates on the very rich and wealthy corporations.

This is a tax bill that is harmful to most everyone who is not a millionaire or billionaire, and is totally unnecessary. U.S. corporations are experiencing unprecedented profits currently – they do not need the extra billions. The excuse that the GOP offers for cutting the top corporate tax rate from 35 percent to 20 percent is that reducing the tax burden will encourage investment and generate jobs. But there is no evidence that this has or ever will happen.

The GOP uses fake economic arguments to justify their bad policies, but women are not fooled. A nonpartisan analysis shows that, in 2018, more than75 percent of the tax bill’s benefits will go to the top 20 percent of households, while the bottom 20 percent would only receive two percent of the benefits. Women-headed households fall in that bottom 20 percent and struggle to care for their families – they would be the ones most harmed by various provisions in the tax bill.

Here are just a few of the egregious provisions in the House bill (many also appear in the Senate bill):

Elimination of the personal deduction on income taxes, of the mortgage interest deduction and of the deductions for state and local taxes – resulting in higher tax liability for most taxpayers
Elimination of the student loan interest deduction, of the deduction for medical expenses, and the elimination of certain child care tax benefits – adversely affecting families with dependent children, students, seniors and persons with serious medical conditions or disabilities
Elimination of the deduction for alimony payments (meaning that women will be less likely to receive alimony awards in divorce settlements)
Taxpayers would no longer be allowed to deduct most of their state and local taxes, putting pressure on state and local government funding
Allowing designation of education savings accounts for an “unborn child”, part of a long-running effort to overturn Roe v. Wade
Finally, the Senate bill has what anyone would describe as a “poison pill”— the GOP has included a repeal of the individual mandate under the Affordable Care Act, resulting in at least a 10 percent hike in premiums, 13 million persons losing health insurance, and the eventual demise of the ACA.

Contact

M.E. Ficarra, press@now.org, 951-547-1241