Alan Lowenthal: “My Republican colleagues tell me that this tax plan will grow the economy and make American workers more competitive…”

“My Republican colleagues tell me that this tax plan will grow the economy and make American workers more competitive, but, in reality, the plan would bankrupt our future. It threatens provisions that directly support our schools and our students. By eliminating the State and local tax deductions, it penalizes States and school districts that have chosen to invest in our young people. In my home State of California, that threatens over $750 in State funding per public school student each and every year. For Americans with student loan debt, this plan eliminates the student loan interest deduction. In my district, over 21,000 people claim this deduction each year. As a former college professor, I know the sacrifices that many of our students have to make to pursue an education. This tax plan asks them to pay even more. These priorities are out of sync. This is not tax reform that puts middle class families first. We can do better. ____________________”