Some 120 Congressional Democrats (out of 271, so it's not as many as it seems!) have written a letter demanding the repeal of the "net operating loss" tax break from the CARES Act, which we've been calling the hedge fund tax cut, since that's basically what it is. The hedge fund tax cut delivers an extra $1.6 million, on average, to just 43,000 Americans, and you ain't one of these 43,000 Americans, because they're all millionaires. You may want to call your Reps and Senators and tell them to repeal the hedge fund tax cut from the CARES Act; repealing this particular slab of corporate welfare would save us $25 billion annually, which could help pay for whatever COVID relief bill that comes out of this Congress. You know what'd help pay for that bill even more? Raising taxes on millionaire income and corporate profits. Go ahead and remind your Reps and Senators of that; the evidence suggests that they can never hear it enough.
While you have your Reps and Senators on the phone, go ahead and tell them to support H.R. 2382/S. 2965, the USPS Fairness Act, which would simply repeal the law mandating that our Post Office prepay decades' worth of pension funding in advance. That may sound like a fiscally-responsible move, but it's almost crippled our Post Office's ability to operate in the present day! Which means it's not, in fact, a "fiscally-responsible" move. In fact, one could excuse you for thinking it's actually a cynical and evil move, one designed to make the Post Office collapse in the present under the weight of its future obligations! And that's the way of the cynical and the evil, isn't it, as far as our government is concerned? They deliberately run some popular government agency into the ground, and then claim that the only solution is to sell it off to their cronies! We need to fight such cynicism and evil wherever we see it, so let's fight it here.
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