Windfall Tax Breaks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Taxes they pay. many millions more will see virtually no change. and you're going to see the folks at the very top get these windfall tax breaks. the let me give you one example. we're talking about corporations getting these big brakes. 35% of the owners of those corporations are actually foreign stockholders. so it's estimated in 2019, right around the corner, about $35 billion in tax breaks will flow directly to foreign sto stockholders. at that same time, you'll have american taxpayers who see a tax increase will be forking over around $27 billion. you can think of it as taking $27 billion...

They put in a provision here that provides tax cuts for the bonuses that insurance companies say to their ceos. so you add all of that it up to $600 billion, yes, the people who are being appointed to the trump cabinet will do just great. everybody else in the country takes it on chin and bad for health care in america. i got to -- this is not what donald trump talked about on the campaign trail. he talked about the issues that you and joe were just talking about, the squeeze on working americans. this makes that squeeze much tighter and provides these windfall tax breaks to the wealthy. >> ma...

The medicare plan, they are virtually identical. both of them, i should stress save moan, not by reducing the costs in med character but by transferring the costs onto seniors and those plans would both give seniors on medicare, greta, a much worse deal than congress has for themselves, they would put seniors in much greater financial risk than the plans of members of congress. >> greta: i went back through and there are some differences between the so-called ryan plan and the romney plan. there are a few differences. but let me ask you, if there is one thing you could identify in the ryan bud...

Virtually identical. both of them, i should stress save moan, not by reducing the costs in med character but by transferring the costs onto seniors and those plans would both give seniors on medicare, greta, a much worse deal than congress has for themselves, they would put seniors in much greater financial risk than the plans of members of congress. >> greta: i went back through and there are some differences between the so-called ryan plan and the romney plan. there are a few differences. but let me ask you, if there is one thing you could identify in the ryan budget that is the easiest, cle...

Proposing. beginning with the affordable care act, worked to reduce the overall costs in the medicare system by changing the incentive structure based on the volume of care to one based on the value of care. that's very different than what romney/ryan are proposing, which is to shift those costs on to seniors, seniors who have a median income of $23,000. at the same time they are providing these huge windfall tax breaks to the very wealthy, to people like mitt romney. so these are the facts and it's important to set up the debate for the american people. >> do you feel as if the democrats shou...