Political Quotes

On the recordNovember 7, 2017
later this week, the House will begin marking up the Republican tax plan in record speed, with no hearings, no real discussion. Unfortunately, Senate Republicans are mimicking the House in trying to rush through their bill as well. It is said, the Senate Republicans will unveil a plan of their own, although I don't expect there to be that much difference between the two. What has united the Republican tax reform efforts so far in this Congress has been a stubborn desire to reduce taxes paid by big corporations and the superrich. That is the core. The middle class ends up with the leftovers. Shockingly, millions in the middle class will actually see a tax increase, not just a handful but a large number. This morning's New York Times did an analysis. According to them, one- third of all middle-class families would pay more in taxes next year under the House bill, and by 2026, nearly half of all middle-class families would pay more in taxes--almost half. Here is the newspaper article. This is the New York Times. They defined the middle class as households between $50,000 and $160,000-- the backbone of America. Here is their headline. I don't know if you can see it. ``Republican Plan Would Raise Taxes on Millions of Middle- Class Families.'' Here is the headline again printed a little larger so everyone here in America can see it. ``Republican Plan Would Raise Taxes on Millions of Middle-Class Families.'' That is the case. They did their analysis.…
Said by
Chuck Schumer
Democratic · New York
Source
govinfo.gov
Nov 7, 2017

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