GOP Tax Plan Targets California’s Elderly … Safety Nets Getting Cut
SLICING AWAY AT THE SAFETY NET-The Senate’s version of tax reform, 479 pages with last-minute, handwritten changes in the margins, passed shortly before 2 a.m. on December 2, with only one Republican voting against it. The GOP plan is a windfall for the wealthiest Americans, slashing the top corporate tax rate from 35 to 21 percent, and while a final version won’t be unveiled until later this week, the gains for the rich appear to come at the expense of the elderly.