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The Brutal Ways Trump and GOP Have Launched a Full-Out Assault on America's Poorest that Americans Won't Acknowledge

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  • Part 1: The Brutal Reality of Being Poor in America the Super-Rich Won't Acknowledge
    • Poverty can cost a fortune in the U.S.
  • Part 2: 4 Ways Trump and GOP Have Launched a Full-Out Assault on America's Poorest
    • Republican policies seek to punish poor Americans.

Compiled by David Culver, Ed., Evergreene Digest

 

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Part 1: The Brutal Reality of Being Poor in America the Super-Rich Won't Acknowledge

Poverty can cost a fortune in the U.S.

Alex Henderson, AlterNet 

https://www.alternet.org/sites/default/files/styles/default_310_wide/public/story_images/shutterstock_552016606.jpg?itok=fITKAoSR February 4, 2018 | The ink is barely dry on a trillion-dollar tax cut for multinational corporations, and one of its largest beneficiaries is already looking for more. Earlier this month, Bank of America announced it would be applying a $12 monthly surcharge for e-banking, a policy that disproportionately affects its poorest customers. For lower-income earners, it's merely the latest reminder that trickle-down economics don't really trickle down, and that being poor can be extraordinarily expensive.

E-banking at BOA had been free provided customers didn't use tellers and agreed to receive their monthly statements online. But effective Jan. 19, 2018, clients will have to either maintain a minimum balance of at least $1500, or receive monthly direct deposits of $250 or more to avoid a fee. According to a private report by Goldman Sachs, BOA enjoyed a $21 billion profit last year and will be paying an estimated $3.5 billion less in taxes in 2018 thanks to the Tax Cuts and Jobs Act, which lowered the U.S.’ corporate tax rate from 35 to 21 percent.

Alex Henderson's work has appeared in the L.A. Weekly, Billboard, Spin, Creem, the Pasadena Weekly and many other publications.

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Part 2: 4 Ways Trump and GOP Have Launched a Full-Out Assault on America's Poorest

Republican policies seek to punish poor Americans.

Ebony Slaughter-Johnson, AlterNet

https://www.alternet.org/sites/default/files/styles/story_image/public/story_images/shutterstock_779285617.jpg?itok=EPVwqAbZ February 2, 2018 | During the first year of the Trump administration, the word “unprecedented” has been used so many times it has almost lost its meaning. But there simply is no other word to describe this presidency. First and foremost, there is the unprecedented degree to which the administration has attacked the country’s institutions in ways that threaten the foundations of our democracy. But this first year is also unique because of the unforgiving extent to which the Trump administration and the Republican-controlled Congress have leveled legislative assaults against poor people. 

Ebony Slaughter-Johnson is a freelance writer and a former research assistant at the Institute for Policy Studies. Her work has appeared in AlterNet, U.S. News and World Report, Equal Voice News, and Common Dreams.

Full story … 

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