No Pay or Benefit Cuts for Postal Employees in Federal Budget

Congressional leaders are expected to unveil their tax reform bill as early as Nov. 1. Potential tax reform proposals already circulating appear to heavily favor the rich. One example is eliminating the estate tax, which only benefits individuals with estates worth than $5 million. Working people, on the other hand, could potentially see greater tax burdens due to proposals to tax workers’ 401(k) retirement contributions and eliminating deductions for state and local taxes.

In an analysis last month of the tax reform package, the Urban Institute found 80 percent of the tax benefits would go to the richest 1 percent. As income inequality continues to worsen across America, any attempt to pay for tax cuts for the wealthy elite out of the pockets or health care of working people is immoral and the APWU stands opposed to this Robin Hood in reverse.

“Lawmakers have proven time and again their appetite for balancing budgets and financing tax breaks for the rich on the backs of working families,” said Legislative and Political Director Judy Beard. “We must remain vigilant and ready to fight back.”