As a
nonprofit umbrella of nearly 170 human services providers in New York
City, we are deeply concerned about the disproportionate and adverse
impact the tax legislation passed by Congress today will have on the New
York
City and
State budgets, as well as
charitable donations, upon which our members and the communities they serve rely on for critical programs and services.
The legislation is a
broken promises bill that puts
corporate shareholders over working families. It provides
enormous and permanent tax cuts for profitable corporations and is riddled with additional
loopholes for the President himself, authors of the tax bill, and Wall Street’s wealthiest,
all of which are
paid for by raising taxes on many low- and middle-income families and taking health coverage away from
450,000 New York City residents.
Unfortunately,
this is only step one of a
two-step attack: the plan will increase national deficits by
at least $1.5 trillion, which, following the New Year, will be used to justify deep budget cuts to health care, housing, and critical
supports for low- and middle-income families already struggling to afford their basic needs.
We at FPWA applaud the
New York Congressional delegation’s largely bipartisan rejection of the plan, and we now call on those
same representatives to reject proposals to pay for these tax cuts that will further hurt everyday Americans.
FPWA is an
anti-poverty, policy, and advocacy nonprofit with a membership network
of nearly 170 human services and faith-based organizations. FPWA has
been a prominent force in New York City's social services system
for more than 95 years, advocating for fair public policies and
collaborating with partner agencies to meet the needs of New Yorkers.
Each year, FPWA helps close to 1.5 million New Yorkers move up the
economic ladder.
Source: Mercury
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