Kosciusko County Democrats Hosting Protest Rally For GOP Tax Legislation
KOSCIUSKO – The Kosciusko County Democrats will be holding a rally downtown, on the south sidewalk facing city hall at 6:30 p.m. Wednesday, Dec. 6. The rally will be voicing opposition to tax legislation that recently passed the U.S. House and Senate.
According to the Kosciusko County Democrats, the legislation will widen the gap between rich and poor, add $1.5 trillion dollars to the national debt, potentially cut $25 billion dollars from Medicare next year and also leave graduate students with a hefty tax increase as their tuition waivers will now be considered taxable income. Analysis from the nonpartisan Congressional Budget Office shows, all Americans who earn less than $75,000 could be paying higher taxes by the year 2027.
The Kosciusko County Democrats find it unconscionable that Republican Senator Todd Young would vote for something that was passed in the middle of the night with little to no public hearings, and was so rushed, that amendments were literally written in by hand.
Additionally, the Kosciusko County Democrats feel this legislation, if enacted, will harm the local economy by jeopardizing the highly educated workforce our orthopedic firms depend on. If the GOP plan to tax graduate students becomes law, there will be fewer engineers and/or bio-science students available to work at Zimmer Biomet, DePuy and a host of other smaller local orthopedic firms.
The Kosciusko County Democrats invite the public to join and air their frustration and opposition to this bill.