Tax and Appropriations
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ICYMI over the weekend, David Leonhardt breaks down how the GOP tax plan cuts taxes for the wealthy while raising taxes on the middle class.
How many times have we heard from the GOP that this plan will grow the economy?
This week, House Republicans adopted the Senate Republican budget, which will serve as a vehicle to jam tax cuts for the wealthiest Americans through Congress.
A new Reuters poll confirms what is not shocking to anyone other than Republicans: Americans don’t support cutting taxes for the wealthy while leaving the middle class behind, and they don’t support blowing a hole in the deficit in order to give tax cuts to the wealthiest.
If you want to know how the Republican tax discussion is going, just take a look at what Reps. Collins, Schweikert, and Gaetz had to say about it.
This week, Republicans are rushing the Senate-passed budget resolution to the Floor – instead of going to conference – in order to speed up the process of passing legislation to give tax cuts to the wealthy.
How do you pass tax cuts for the wealthy while leaving the middle class behind and exploding the deficit?
Treasury Secretary Mnuchin made a number of stunning comments today, including his claim that “it’s very hard not to give tax cuts to the wealthy.”