On the recordOctober 24, 2017
I think all Americans and certainly Members of Congress agree that we need to simplify our Tax Code, make it easier for middle class families to get ahead and to stay ahead. Unfortunately, what we know about the Republican tax plan, as the details begin to leak out, go in a different direction. This is a tax break, a big tax cut for billionaires at the expense of working families. According to the nonpartisan Tax Policy Center, a family making $50,000 could see their tax bill increase by as much as 380 percent--less money to set aside for retirement, less money to set aside for a child's education, less money to pay the bills that families who struggle work hard every month to pay, in order to fund a tax break for the wealthiest Americans. 5,400 families would get a $270 billion tax cut funded by increased taxes on people who work hard every day just to make ends meet. Just saying that this is tax relief for all Americans over and over again does not make it true. The details actually matter. This is a big tax break for the wealthiest Americans. People like the Trumps and the DeVoses don't need more relief. We need to reject it. ____________________
Source
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