Rep. Doggett Joins Advocates & Members to Shed Light on Republican Tax Giveaway to Wealthiest Few
Washington, D.C. – Today, U.S. Congressman Lloyd Doggett (D-TX), Ranking Member of the Ways & Means Tax Policy Subcommittee, delivered remarks at press conference hosted by the Congressional Progressive Caucus to call on Congress to reject President Trump's latest tax plan, a multi-trillion dollar giveaway to the superrich at the expense of the middle class. Rep. Doggett was joined by House Democratic Leader Nancy Pelosi, Senate Democratic Leader Chuck Schumer, other Democratic Members of Congress, and advocates. Rep. Doggett said:
"Mr. Trump talks like a populist but governs like a plutocrat. The Republican opening act of tax breaks for the superrich disguised as healthcare repeal collapsed, but the President and his enablers have set the stage for the main event: a massive transfer of wealth from the Treasury to those who already have the most treasure. This plan actually raises the bottom rate and cuts the top rate, eliminates the estate tax, and expands a loophole to line Trump's own pocket. 80% of the tax breaks would go to the top 1%, those making more than $730,000 a year, while many Americans could actually see a tax increase.
"Republicans should have learned from their health repeal fiasco that keeping the details hidden under lock-and-key won't make their sorry plan more popular. The American people don't want to shower those at the top with tax breaks, while they are left to foot the bill through cuts to Social Security, Medicare and education. Passage depends upon how quickly the truth can catch up with the lies. What they say the plan does, it doesn't do."
You can view Congressman Doggett's full remarks here https://youtu.be/6iRG5G8pvN0 and on his Facebook Page here at about the 3:15 mark: https://www.facebook.com/lloyddoggett/
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