Hoyer Statement on Joint Committee on Taxation Analysis of the Senate GOP Tax Scam
Press Types
Press Release
For Immediate Release:
November 16, 2017
Contact Info:
Mariel Saez 202-225-3130
WASHINGTON, DC – House Democratic Whip Steny H. Hoyer (MD) released the following statement today after the bipartisan Joint Committee on Taxation released an analysis of the Senate Republican tax bill:
“The new analysis released this morning by the bipartisan Congressional Joint Committee on Taxation flatly disproves claims by Republican leaders that the Republican tax bill would provide a tax cut to the average household at every income level. Instead, taking into account changes made in recent days, the Senate bill would stick lower- and middle-income Americans with a massive tax increase. By 2027, average taxpayers earning less than $75,000 a year would receive a tax increase. Even worse, those making between $20,000-$30,000 a year would see their taxes go up 25%.
“Republican leaders first said everyone would get a tax cut. Then they changed their story to assert that there would be tax cuts on average for each group. JCT’s analysis blows a hole in that claim, as well. The House bill raises taxes on 36 million middle-class households, and it will be dropped for a Senate version that is even worse. Everyone who votes for this bill today, even if they claim they just want to move the process forward, is choosing to raise taxes on the average taxpayer in their districts. I would caution them to think carefully about how their votes today will be received back home and to reject this legislation.”
“The new analysis released this morning by the bipartisan Congressional Joint Committee on Taxation flatly disproves claims by Republican leaders that the Republican tax bill would provide a tax cut to the average household at every income level. Instead, taking into account changes made in recent days, the Senate bill would stick lower- and middle-income Americans with a massive tax increase. By 2027, average taxpayers earning less than $75,000 a year would receive a tax increase. Even worse, those making between $20,000-$30,000 a year would see their taxes go up 25%.
“Republican leaders first said everyone would get a tax cut. Then they changed their story to assert that there would be tax cuts on average for each group. JCT’s analysis blows a hole in that claim, as well. The House bill raises taxes on 36 million middle-class households, and it will be dropped for a Senate version that is even worse. Everyone who votes for this bill today, even if they claim they just want to move the process forward, is choosing to raise taxes on the average taxpayer in their districts. I would caution them to think carefully about how their votes today will be received back home and to reject this legislation.”