President Trump’s so-called “Big, Beautiful Bill,” now on the floor of the Senate, is the most dangerous piece of legislation in the modern history of our country. It is a gift to the billionaire class, while causing massive pain for low income and working class Americans.

Actually though, I’m wrong. This is not a gift to the billionaire class. They paid for it.

This bill is an absolute reflection of a corrupt campaign finance system that allows billionaires to buy elections. And when billionaires spend hundreds of billions of dollars trying to elect a president, or a senator or a member of Congress, they’re not making that investment just for the fun of it. They want something in return. This legislation is what they are getting in return.

So what is in this bill they invested in?

Well, if you are in the top 1%, you and the class you represent will receive a $975 billion tax break – at a time when the richest people in this country have never had it so good.

Further, if you are among the wealthiest 0.2%, you will be able to pay zero taxes on your $30 million inheritance. All of you folks out there who are waiting to inherit at least $30 million, today is a good day for you. Collectively, you will receive approximately $211 billion in tax breaks. For the top 0.2%, congratulations. You hit the jackpot.

If you are a large corporation and you want to throw workers out on the street and replace them with artificial intelligence or you want to shift your profits to the Cayman Islands or other tax havens, you are going to get a $918 billion tax break. Congratulations to the CEOs of large, profitable corporations.

But while the rich and large corporations make out like bandits in this bill, what does it do for low-income and working families? Let me say a few words on that.

If you are concerned about health care, this bill throws over 16 million people off of the health insurance they have, according to the Congressional Budget Office, by cutting Medicaid and the Affordable Care Act by over $1.1 trillion.

In other words, the top 1% are getting a $975 billion tax break, and that is coming directly from throwing........

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