Wall Street Investor and Then-Treasury Secretary Nominee Steven Mnuchin in NOVEMBER 2016: “…there will be no absolute tax cut for the upper class.”
President Trump and Republicans would have you believe that the ‘biggest winners will be the everyday American workers’ in their tax ‘reform’ plan, even though they refuse to guarantee that their plan won’t raise taxes on hard-working families. In reality, the Ryan-McConnell tax framework cuts taxes for the wealthiest, raises taxes on middle class families and adds trillions of dollars to the deficit.
Republicans have long peddled the idea that tax cuts for the wealthy few pay for themselves and in pitching the Ryan-McConnell tax framework this weekend, Speaker Ryan was no different.
As Speaker Ryan and Senate Majority Leader McConnell rollout their grossly irresponsible plan to give the wealthiest few massive tax cuts – we thought we’d remind everyone that experts of all political stripes agree tax cuts don’t pay for themselves. Douglas Holtz-Eakin,… Continue
“We want America to wake up on New Year’s Day 2018 with a new tax system.” – Speaker Ryan this AM on tax reform Reality check: The Republican tax vision from Speaker Ryan is nothing but another tax cut for the wealthiest… Continue
ICYMI — Washington Post: Analysis: By 2025, 99.6% of Paul Ryan’s tax cuts would go to the richest 1% of Americans
The non-partisan Tax Policy Center has exposed Speaker Ryan’s toxic, trickle down agenda for what it is: a massive giveaway to the wealthiest Americans.
Late on New Year’s night, the House voted in a bipartisan manner to pass tax relief for middle class Americans and help grow the economy. House Democrats and the President kept their promise to protect 98 percent of families and 97 percent… Continue
Moments ago, Rep. Tim Walz (D-MN) filed a discharge petition to bring up the Middle Class Tax Cut legislation. Because Speaker Boehner and House Republicans have thus far refused to bring up the legislation for a vote, Democrats are organizing a petition… Continue
Last updated: Wednesday, December 5, 4:58 pm In July, the Senate voted to pass a bill that would extend middle-class tax cuts and allow the tax benefits for the wealthiest 2 percent to expire. The House has refused to allow a vote… Continue
State of Play: GOP Holding Tax Cuts for 98% of Americans Hostage in Name of More Tax Breaks for Top 2%
Speaker John Boehner and Congressional Republicans love paying lip service to tax cuts for the middle class. Actually delivering tax cuts to the middle class? Think again. Here’s the state of play: Republicans are holding tax cuts for 98 percent of Americans… Continue