Political Quotes

Eleanor Holmes Norton: A picture is worth a thousand words, so is a graph. Following the blue line, the tax scam works this way: For average…

On the recordNovember 15, 2017
A picture is worth a thousand words, so is a graph. Following the blue line, the tax scam works this way: For average taxpayers, the blue line--the blue line is for blue and red States--shows taxes for individual taxpayers go down for one full year. Then look what begins to happen at 2019. They begin to go up. By 2020, they continue. Follow the blue line for average taxpayers. Their taxes are continuing to go up, they reach a real high, and steeply go up for the entire 10-year period. For business tax credits, they go down, too. That means business taxes go down. And then they, too, go up. So the scam shows both look like they are doing the same thing, but 2024 is a dividing line. Then business income taxes plummet, but income taxes for average Americans go up. Who is paying for these business tax cuts? Individual taxpayers. Defeat this Republican tax scam.
Said by
Eleanor Holmes Norton
Democratic · District of Columbia
Source
govinfo.gov
Nov 15, 2017

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