Middle class families should be the focus of tax relief, not billionaires, not the wealthiest Americans. Unfortunately, the Ryan-McConnell tax plan fails that basic test. Independent analysis shows that the Republican plan would actually raise taxes on many middle class families, giving billionaires, the top 1 percent, the biggest breaks. The nonpartisan Tax Policy Center says that middle class families could actually pay an increase of $1,290 a year. Even worse, the families I represent would be asked to foot the bill for a big, massive giveaway to the rich. Under the Republican plan, the wealthiest families, 5,400 families that are the superwealthy in this country, would get a $270 billion break through the repeal of the estate tax--100 families in my home State of Michigan, the DeVos family, certainly the Trump family. This is not representative of the values of the American people. Just saying that the people at the top won't benefit doesn't make it true. Read the bill. Look at these analyses. This is a giveaway to the wealthiest Americans, and it is wrong. ____________________
On the recordOctober 4, 2017
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