We Cannot Afford Tax Cuts

While Republican's like to tout the idea of minimizing taxes provides financial relief to the poor and middle class, in actuality tax cuts lead to increased financial burdens being placed on the poor and middle-class. This is because Republican tax cuts require reductions in social programs that would provide financial easing to the poor and middle-class individuals, while simultaneously offering very little to the poorest American's.

Take Trump's recent tax cuts, which would give individuals earning under $25,000 a year $40 in tax cuts, while simultaneously giving those who earn more than $3,400,000 a year nearly a million dollars of tax cuts. Not only are almost all the benefits given to the richest of American's, but the bill would also reduce revenue by $7.2 trillion dollars over ten years This results in less money being available for government benefit programs such as college subsidization, construction of roads and repaired waterways.

Here is what we could do instead of enacting the Trump Tax Plans would would benefit the poor and middle-class to a significantly higher degree. According to the American Society of Civil Engineer's it would cost $1 trillion dollars over 25 years to continue to maintain our water-systems and to repair the nearly 240,000 water breaks across the country. Not only could we provide funding for this program, providing clean water for millions of American's including the citizen's of Flint Michigan, but we would have more than 15 trillion dollars left.

With the remaining money we could repair and improve our roads, which would save an estimated $160 billion dollars a year. We could also give public K-12 schools additional funding leading to higher-qualities of education being offered and access to much needed renovations. We could also provide tuition free college to all American's end homelessness in the United States, and still have $40,000 per American. While giving American's $40,000 each would be a terrible policy and would lead to massive inflation, these examples demonstrate how inferior Trump tax cuts are in terms of financial aid compared to social programs which could have been enacted using the lost revenue. The poor and middle-class simply cannot afford such a burden that these tax cuts would place upon them.