About Common Sense Kids Action
Though few parents enjoy paying taxes, many appreciate what their taxes are paying for: our firefighters and police force, schools for our kids, health care plans like Medicare and Medicaid, and other programs that help kids, families, and communities thrive.
The Tax Cuts and Jobs Act is a one-two punch for America’s families. It hands out tax cuts mainly to wealthy individuals while leaving little for working-class families--in fact, a nonpartisan analysis said that many middle-class Americans would see their taxes increase under this bill. To make matters worse, this plan would pay for these cuts by taking away health care coverage from millions of Americans. Tell your Member of Congress to vote against this "Against Kids" tax bill.
Despite the promises of the bill's name, here's what the Tax Cuts and Jobs Act would actually do:
- End the state and local tax deduction for sales and income taxes on which many families, especially those in high-tax states, rely.
- Eliminate the personal exemption, including for dependents.
- Add $1.5 trillion to the deficit, according to the nonpartisan Joint Committee on Taxation (JCT).
- Repeal the Affordable Care Act’s individual mandate, which would raise health care premiums by 10 percent each year and lead to 13 million fewer Americans having health insurance.