The Tax Cuts and Jobs Act: What You Need to Know

 

H.R. 1 aka "The Tax Cuts and Jobs Act" News:

$1.5 Trillion Tax Cut Passed by House

 With 227 Republican votes, the House passed bill HR 1 the Tax Cuts and Jobs Act on Thursday, Nov. 16. This bill represents the most significant tax overhaul in 30 years, which moves forward legislation through which lawmakers seek to enact $1.5 trillion in tax cuts for businesses and individuals. Every Democrat and 13 Republicans opposed the bill in the House. "Yes" votes came from New York Rep. Katko, Tenney, Reed and Collins.  Rep. Stefanik opposed the bill.

 

The House bill:

  • Repeals the Johnson Amendment, which would allow the politicization of non-profits, houses of worship and foundations to directly engage in partisan politicking "in the ordinary course of the organization's regular and customary activities in carrying out its exempt purpose."
  • Nearly doubles the standard deduction, resulting in at least an estimated $13 billion reduction in charitable giving and limiting the tax breaks for charitable giving to only the wealthiest citizens.
  • Reduces tax revenue by nearly $1.5 trillion, which will likely result in further budget cuts.

The Senate bill is worse than the House bill in one significant way: It also repeals the “individual mandate” for people to have health care coverage. The individual mandate is a central part of the Affordable Care Act (ACA) which greatly benefits people with disabilities by eliminating pre-existing condition exclusions, banning annual and lifetime limits, prohibiting discrimination based on health status, and much more. 

The Senate is scheduled to vote on its tax bill as soon as Thursday, November 30. 
We must stop this very harmful and unpopular legislation NOW. 

TAKE ACTION:

In a presentation done by the National Council of Nonprofits, they strongly recommend that EVERY VOTING CONSTITUENT CALL their representatives in Congress and clearly state their organization, position and a brief statement of concern about the impact of the proposed legislation.  They emphasized that TIME IS OF THE ESSENCE, THIS IS URGENT and the CALLS NEED TO HAPPEN sooner rather than later.  They stated that research has shown that calls are the most effective, as the Congressional offices keep track of calls. 

Follow up with TWEETS, after making the calls, as TWEETS are easy, can be done in mass volume by people and get a lot of social media attention.

 Call, rather than send an e-mail.  E-mails take too long, given the urgency of the Senate decision.

 Even if you assume your Senator will vote in opposition, it is important to have many voices heard right now.  Also, as the Senate and House bills need to be reconciled, it is important to continue to keep the pressure on legislators in the House.

Your voice is important to let our Democratic senators know what is needed for our community and all those you serve.  Talking points may include:

  • America's health and human services professionals believe proposed tax cuts erode the foundations for strong communities and prove harmful to working and middle class families over the long term.
  • Changes to the tax code should support stronger families and communities who are the backbone of the American economy.
  • The cost of tax cuts is too high when it means cutting the foundational supports that build strong families and communities. 

When you call our senators, and/or use social media, also consider addressing the following:  Ask the Senate to not repeal the Johnson amendment; to add a Universal Deduction so all citizens get the same tax benefits from charitable giving; and to reduce the amount of revenue lost to avoid spending cuts.

Charles E. Schumer - (D-NY)
322 Hart Senate Office Building, Washington DC 20510
202-224-6542 | 

www.schumer.senate.gov/contact/email-chuck

Kirsten E. Gillibrand - (D-NY)

478 Russell Senate Office Building, Washington DC 20510

202-224-4451 | www.gillibrand.senate.gov/contact/email-me

 

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