Now the Senate is poised to vote on their verisions of the tax repeal bill, we need to speak out louder than ever before. This tax bill is getting more and more like the recent overturned tax policies of Kansas’s Legislature, via the Koch Brothers. The Senate recently added the Inc. and LLC tax breaks to further stick it, to the poor and middle class, just like Kansas had in their tax laws. This year, after suffering from lowered tax revenues, which has put the state in near bankruptcy, the legislature got some common sense and redid it to lose the tax breaks for the Inc.s and LLCs. We're starting to get out from under this mess and the people hear don't need, nor do we want to go through this on a national level.
I just saw in the Kansas City Star that disclosure of who gets corporate tax breaks is considered confidential taxpayer information. Now, with Congress copying Kansas’s, thus the Koch Brothers tax playbook, how long will it take before this is included in their tax bill?
The lack of disclosure provides no way of analyzing whether corporate tax credits actually work, said Greg Leroy, executive director of the corporate tax break watchdog Good Jobs First.
“When the state doesn't disclose anything about outcomes of deals, actual jobs created, actual wages paid, you don't have an honest cost-based debate”, Leroy said. “To us, that's just irresponsible”.
I just want people to be on the lookout for another dirty trick in the Republican playbook that can hurt us all. If we're not vigilant, they'll walk all over us.