Rep. Levin Issues Statement on Republican Tax Reform Update - Insurance News | InsuranceNewsNet

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July 27, 2017 Newswires
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Rep. Levin Issues Statement on Republican Tax Reform Update

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WASHINGTON, July 27 -- Rep. Sander Levin, D-Mich., issued the following statement in response to the joint release from congressional Republicans and the Trump administration on tax reform:

"As the American people have witnessed during the debate on health care, where the lack of any credible Republican alternative is painfully obvious, today's GOP announcement on taxes once again shows they have no real plan. A few vague paragraphs isn't even a "broad strokes" proposal - it's more like finger painting.

"But even as Republicans lack basic details on a huge range of important tax issues, the general direction they want to go is clear from previous statements and policies. President Trump and Congressional Republicans believe that tax reform means giving the very wealthy huge, new tax breaks. You see that basic effect when you look at the revenue changes in the Republican health bill passed by the House, or the tax proposals put forward by the House Republican leadership last year, or President Trump's proposal to eliminate the estate tax for very wealthy households.

"Democrats believe that tax reform should be designed to strengthen and build the middle class, not build the bank accounts of the wealthiest Americans."

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