LATINO WORKING FAMILIES
CANNOT AFFORD THE GOP TAX PLAN

Americans believe in a fair economy that protects the well-being of our nation's children and provides a chance for all people to succeed. Our tax system should reflect those values.

We believe a fair and just tax reform plan must:

- Support working families and their children

- Ensure that everyone, including the richest Americans and largest corporations, pay their fair share

- Increase investments to help all hardworking Americans have brighter futures.

At a time when we should be doing more to help Americans trying to get ahead, the current administration and Congress want to push us all back.

Any way you look at it, their tax legislation is a huge giveaway to the richest Americans and largest corporations. 

The Republican tax plan would steal opportunity from working families to pad the wallets of the extremely wealthy.

• It benefits the richest 1% and corporations and lines their pockets with the earnings of the poorest Americans.

• It calls for trillions in dollars in cuts from Medicare, Medicaid, and other services that help working people every day.

• And the GOP tax plan will balloon the deficit. This will be used to justify drastic budget cuts to SNAP, Medicaid, housing assistance, and education programs that help families make ends meet and children live healthy lives.

The Republican proposal attacks taxpaying immigrants and their children by restricting eligibility for the Child Tax Credit.

It jeopardizes programs that lift millions of Latinos out of poverty each year. If funding was slashed or cut altogether, millions more Latino families and kids would be pushed into poverty.

And it threatens the health of our community by undermining the stability of health care. Under the bill, 13 million more Americans will be uninsured and health insurance premiums would increase 10%. Further, it would trigger automatic cuts to Medicare funding. 

That’s bad for the Latino community and bad for the nation.

The Republican tax plan is part of the Trump administration’s anti-immigrant, anti-Latino, and anti-working families agenda. It will be used to justify drastic spending reductions including:

• Cutting $86 million from Workforce Innovation and Opportunity grants to states and drastically reducing overall funding for the Department of Labor

• Slashing $409 million in funding for public and affordable housing

• Insufficient funding for English Language Acquisition grants

The proposed budget would jeopardize programs that help Americans make ends meet, including millions of Latinos. For example:

• Changes to Medicaid and severely reduced funding would push states to restrict eligibility and/or cut benefits, impacting 18 million Latinos.

• Drastically reducing funding for the Supplemental Nutritional Assistance Program (SNAP), jeopardizing food access and affordability for 10 million Latinos.

But the current Republican tax plan will hurt the economy, cost us jobs, and lead to huge cuts in programs that help our community.