Issue Report ● GOP Tax Plan
For Immediate Release: 
December 19, 2017
Contact Info: 
Mariel Saez 202-225-3130
Today, Republicans will vote on their GOP tax scam conference report. After writing the conference report in secret behind closed doors, Republicans are rushing it to the Floor in a clear effort to hide what’s in it from the American people. New reports on the latest version indicate that it’s even worse than previous iterations, providing more of its tax cuts to the wealthiest Americans while raising taxes on more middle-class families.

Analysis from the Tax Policy Center confirms the conference report has made the GOP tax scam even more generous to the wealthiest Americans while harming even more middle class families.
  • 86 million middle-class households – more than half of middle-class families in America – will get a tax increase.
  • 83% of the tax cuts go to the top 1% of Americans.  
In addition, an analysis released yesterday from the Joint Committee on Taxation lays out how the GOP bill’s tax cuts are skewed toward the wealthy:
  • Every single income group below $75,000 will see a tax increase by 2027.
  • Highest earning households would see a majority of the tax cuts.
Poll after poll shows the bill is deeply unpopular. A new CNN poll released December 19 outlines:  
  • Only 33% of Americans approve of the GOP tax scam.
  • Only 21% of Americans say they will be better off if the GOP tax scam becomes law.
  • 66% of Americans say the GOP tax scam will do more to help the wealthy than the middle class.
A wide range of organizations are speaking out against the GOP’s conference report:

AARP: “We remain deeply concerned by the negative effect the Tax Cuts and Jobs Act will have on the nation’s ability to fund critical priorities. The tax legislation will increase the deficit by approximately $1.5 trillion over the next ten years, and an unknown amount beyond 2027. The large increase in the deficit will inevitably lead to calls for greater spending cuts, which are likely to include dramatic cuts to Medicare, Medicaid, and other important programs serving older Americans. …Such sweeping cuts would be detrimental to an already vulnerable population.” [Letter, 12/18/17]

AASA, The School Superintendents Association, Association of Educational Service Agencies, Association of School Business Officials, National Rural Education Advocacy Consortium, and National Rural Education Association: “The comprehensive tax bill includes provisions that undermine the strength of our nation’s public school systems and compromises the ability of these systems to adequately and effectively provide educational opportunities and services to the students they serve.” [Letter, 12/15/17]

AFSCME: “This unfair tax bill tilts the tax system against working families, weakens health care coverage, encourages corporations to send jobs overseas, and will lead to cuts to vital public services.  AFSCME strongly opposes this tax bill.” [Letter, 12/18/17]

Alliance for Retired Americans: “I am writing to urge you to oppose H.R. 1, a bill that will reduce taxes for corporations and wealthy Americans while harming seniors and middle class Americans. This fiscally irresponsible legislation will not be fully-paid for and will balloon the deficit by $1.5 trillion over 10 years.” [Letter, 12/18/17]

American Thoratic Society: “The ATS is alarmed that the bill, as currently written, will increase the number of uninsured Americans, increase health insurance cost for insured Americans and result in spending cuts to the Medicare program.” [Letter, 12/15/17]

Communications Workers of America: “The conference report on H.R. 1 is clearly designed as a massive wealth transfer from working families to the wealthiest Americans. The overwhelming majority of the benefits of this bill would go to the richest 1% of Americans, while tens of millions of working families would see little to no benefit, or even face tax increases. Even worse, the bill causes 13 million people to lose their health insurance, while also jeopardizing future funding for Medicare and Medicaid.” [Letter, 12/18/17]

The FACT Coalition: “This bill would create significant new tax incentives to move U.S. jobs, profits, and operations overseas, while exploding the deficit. The bill’s complicated structure also creates multiple new loopholes to allow for expanded tax avoidance by large, multinational companies at the expense of small businesses and wholly domestic companies.” [Letter, 12/18/17]

Food Policy Action: “[The GOP Tax Scam] largely reduces taxes for the wealthiest households and corporations, while raising taxes on millions of low- and moderate-income American families and food producers. According to estimates by the Joint Committee on Taxation, the revenue generated by economic growth as a result of this bill would fall far short of offsetting its price tag. The resulting decrease in federal revenues will increase pressure for further cuts to discretionary, non-defense programs, such as food and agriculture programs for the most vulnerable.” [Letter, 12/19/17]

International Association of Machinists and Aerospace Workers: “The GOP tax plan would bestow enormous tax cuts to U.S. multinational corporations that outsource production and American jobs…Any real tax reform plan should eliminate outsourcing incentives in order to encourage investment in domestic manufacturing, production, and employment.  Instead, the GOP plan does the opposite, and it is working families who will pay the price as their jobs move overseas.” [Letter, 12/18/17]

National Committee to Preserve Social Security and Medicare: “The conference agreement on the tax bill will trigger an immediate $25 billion cut in Medicare spending and will inevitably lead to the unraveling of working and middle-class programs to pay for massive tax cuts for the very wealthy and profitable corporations.” [Letter, 12/18/17]

National Education Association: “[The GOP Tax Scam] permanently slashes taxes on corporations and pass-through businesses. At the same time, it lowers the top tax rate for the wealthiest individuals and increases taxes on some working families. It will also add $1 trillion to the nation’s deficit... The budget resolution that helped pave the way for this bill previews the next phase: calls to cut the growing deficit by slashing services that help our most vulnerable citizens, including Medicaid, Medicare, education, and more.” [Letter, 12/18/17]

National Farmers Union: “We are greatly concerned over the negative impact this bill could have on farming and ranching families, rural residents and our country’s fiscal condition… Our farmer and rancher members are seriously concerned with the CBO’s assessment as it relates to PAYGO and sequestration…. Lastly, individual rate changes disproportionately benefit high income earners.  NFU policy supports simplifying the tax code, and creating a more progressive tax structure.  H.R. 1 does neither.” [Letter, 12/18/17]

Twenty leading environmental & natural resources organizations, including Sierra Club, Wilderness Society, Nature Conservancy, Earth Justice, Clean Water Action:  “The GOP leadership’s plan packages this tax legislation with unrelated, controversial legislation that would open up the iconic Arctic National Wildlife Refuge to drilling. This legislation would irreversibly damage one of America’s greatest wild places and is only being included in a desperate attempt to secure enough votes in the Senate for tax cuts for corporations and the wealthiest Americans.” [Letter, 12/18/17]

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