McGovern Statement on Republican Tax Bill
Washington,
December 19, 2017
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Budget
WASHINGTON, D.C. – Congressman Jim McGovern released the following statement after Republicans passed their tax bill through the House of Representatives:
“President Trump, his family, and their wealthy friends got an early Christmas gift this year. This Republican tax bill will line their pockets and the pockets of their donors – giving the vast majority of tax breaks to those at the top and corporations shipping American jobs overseas, all the while exploding the deficit and raising taxes on hardworking Massachusetts families. 86% of the tax cuts contained in this bill go to the wealthiest 1% “Even worse, Speaker Paul Ryan jammed this tax bill through the House with zero hearings, zero input from Democrats, and almost no time for anyone to review the bill before we voted on it. “The American people will remember this as the moment that their economic future was auctioned off to the highest bidder. We need real, bipartisan tax reform that focuses on the middle class and those struggling in poverty.” |