GOP Tax Plan: “Testament to the Power of Limousine Lobbyists”

Washington, DC – Today, U.S. Congressman Lloyd Doggett (D-TX), Ranking Member of the Ways & Means Tax Policy Subcommittee, made this statement following the belated release of the Republican tax scheme. Rep. Doggett said:

"Ultimately, what the American people really get from this tax plan is a huge bill for the debt incurred to pay for tax breaks that line the pockets of Donald Trump personally along with his billionaire buddies. Like a Trump University degree, it is phony. The smiles and middle-class hype cover up a giant giveaway to special interests. Since most of the tax benefits go to giant corporations, this bill is a testament to the power of limousine lobbyists. It appears to create a new loophole incentivizing the outsourcing of even more American jobs abroad. It does not grow our economy, nor help working families. Our country's future depends on how quickly the truth can catch up with the lie."

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