Political Quotes

Brian Higgins: The Tax Policy Center, the Wharton School, and virtually every rational economist have reviewed the House Republican tax…

On the recordNovember 2, 2017
The Tax Policy Center, the Wharton School, and virtually every rational economist have reviewed the House Republican tax cut plan and the results are clear: no new good economic growth, big debt and deficit, and big tax cuts for corporations and very rich Americans. Three million wealthy Americans will get a tax cut next year of $220,000; 250 million not-so-rich Americans will get a tax cut of $221. If you make $730,000, your income next year will increase by 8.5 percent. If you make $150,000, it will increase by 1 percent. Where are all of the deficit hawks? Where are any of the deficit hawks? This tax plan is nothing more than fraud being perpetrated against middle America. I ask my colleagues to reject this plan. ____________________
Said by
Brian Higgins
Democratic · New York
Source
govinfo.gov
Nov 2, 2017

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