Dan Kildee: “Last week, Republicans brought their extreme budget to the floor, a budget that forces the middle class to pay more in…”

“Last week, Republicans brought their extreme budget to the floor, a budget that forces the middle class to pay more in taxes just to give the wealthiest Americans a massive tax break. This budget slashes investments in our future, such as rebuilding roads and bridges and education, just so it can provide huge tax breaks to the absolute wealthiest Americans. Billionaires would receive a massive tax cut under this plan. Under this ``billionaires first'' tax plan, according to the nonprofit, nonpartisan Tax Policy Center, middle class families would pay an average of $1,290 a year more in taxes, while 80 percent of the benefits would go to the wealthiest 1 percent of Americans: the superwealthy. By repealing the estate tax, 5,400 families would receive a $270 billion tax break. Who pays for this? The middle class. How? By passing the costs on to them and increasing our deficit at the same time. Trillions of dollars would be added to our deficit. Giving billionaires a massive tax break is fiscally irresponsible and morally wrong. We ought to reject it. ____________________”