Proposed Tax Reform Plan Will Destroy Black America

How will the proposed Tax Reform Plan impact Black America?

• Greatly reduce Medicaid by $5.3 trillion over ten years
• Trigger $400 billion in Medicare cuts over ten years, including $25 billion in the first year
• Greatly reduce food stamps by 30 percent
• Eliminate the ability to write off student loan interest
• Dramatically reduce college Pell Grants
• Significantly reduce the number of Head Start slots by 200,000
• Cut K-12 Education funding by 30 percent
• Eliminate rental assistance to nearly 1 million households
• Cut job training by 40 percent
• Exacerbate the wealth disparity between white and nonwhite Americans
• Put median Black household wealth on a path to hit zero by 2053
• Create an additional $1.5 trillion deficit that would force the gutting of social service programs for decades to come

This proposed tax plan is as close to the return of slavery that Black people have been faced with since the first Civil War.  Most Black leadership and progressive leadership are asleep on this aspect of the proposed Tax Reform Plan.  Many government operatives, foundations, universities and corporate-sector leaders have aligned and seemingly conspired to destroy the progress made by Black people over the past 152 years under the guise of Tax Reform.

The proposed Tax Reform Plan will destroy Black America.  At best, this Plan is the reincarnation of trickle-down economics, which never worked.  At worst, it is a kind of neo-slavery and works as an ethnic cleansing of Black people in America.  Either way, it is something that Black people in America cannot afford.

What must you do?

1. Call and write your Congressional representatives and tell them that you are against the currently proposed Tax Reform Plan.
2. Call and write Congressional representatives from other states and districts, and tell them that you are against the currently proposed Tax Reform Plan.
3. Share this information with everyone you know, ask them to share this information, and ask them to call and write Congressional representatives.
4. Comment on blogs, Facebook, Twitter, Instagram, Linked In and other digital media about this plan.
5. Send contributions/investments to organizations working to fight this proposed Tax Reform Plan.
6. Vote your interest in every election and encourage everyone you know to do the same.

Phillip Jackson is the Founder and Chairman of the Board of the The Black Star Project