Press Release ● GOP Tax Law
For Immediate Release: 
November 8, 2017
Contact Info: 
Mariel Saez 202-225-3130
WASHINGTON, DC – House Democratic Whip Steny H. Hoyer (MD) released the following statement today after the Tax Policy Center released an analysis of the GOP tax bill that confirms millions of Americans will see a tax increase under the GOP plan:

“The new analysis released this afternoon by the nonpartisan Tax Policy Center raises further alarms about the dangers of Republicans’ tax plan.  Not only does it find that 38 million middle-class taxpayers would see their taxes increase, it also confirms that the largest share of the bill’s tax cuts would disproportionally benefit the wealthy.  When viewed alongside what we already know about the Republican tax plan’s massive increase in the debt, it is clear that their proposal would not only harm our nation’s fiscal health but the economic security of tens of millions of American families. 

“It’s time for Republicans to end this scam they call tax reform – in truth a poorly disguised redistribution of wealth from the bottom and middle to the very top – and instead work with Democrats on real bipartisan reform that is revenue neutral and promotes growth and opportunity.”