Kali Akuno: Tax Bill is One of Greatest Transfers of Wealth from Working Class to Rich in History
December 18, 2017
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5:48Now PlayingKali Akuno: Tax Bill is One of Greatest Transfers of Wealth from Working Class to Rich in History
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as posted by the channelRepublican lawmakers are pressing forward on a final vote on President Trump’s tax plan, which would shower billions of dollars upon the wealthiest Americans, including Trump and his family members. The New York Times reports those who will be most hurt by the tax plan include the elderly, lowincome families, immigrants, people buying health insurance, the island of Puerto Rico and homeowners in the states of New York, New Jersey and California. The Congressional Budget Office estimates 13 million Americans are projected to lose their health insurance under the plan. It will also impose a new requirement that families must provide a Social Security number to claim the child tax creditmeaning many undocumented parents will no longer be able to receive this credit even if their children are U.S. citizens. We speak with Kali Akuno, cofounder and codirector of Cooperation Jackson, a network of worker cooperatives in Jackson, Mississippi.
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