-- Congresswoman Katherine Clark who represents the
people of the
5th District of Massachusetts tweeted on Nov. 11th: "Buried on page 254
Republicans propose getting rid of a program that helps veterans find
they come home."
photo at right.
what exatly is that program? It's called the Work Opportunity
and it encourages businesses to hire veterans. Under the GOP tax reform
hammered out in secret with no public hearings, that program would be
too would the New Markets Tax credit, which encourages investment in
area," says a report by Politico. "The bill is loaded with sure-to-be
contentious ideas affecting broad swathes of the economy. It would
long-standing deduction for people with high medical bills — including
with chronic conditions. People would have to live longer in their
the bill, to qualify for tax-free treatment of capital gains when they
there's more. The plan would also kill long-standing tax breaks for
and for student loan interest costs. Private universities would face a
percent tax on their investment earnings from their endowments.
notes that the National Association of Home Builders has said the
“eviscerates” housing tax benefits, and “abandons middle class
the National Association of Realtors has already started lobbying
proposal, running online ads in tax writers’ districts which say,
tax reform become a tax increase for middle-class homeowners."