Rep. Green Statement on the Republican Tax Bill
WASHINGTON, DC – Today, Rep. Gene Green issued the following statement after the House of Representatives voted to advance a partisan tax bill that will negatively impact middle-class Americans:
“This bill will do more harm than good for middle-class families and individuals who live paycheck-to-paycheck. It’s a shame that the Republican majority used a closed legislative process to rush this bill through instead of including Democrats in the discussions to work on a bipartisan bill. Republican leadership chose a partisan path that will raise taxes on 86 million middle-class households and give 83 percent of its tax cuts to the wealthiest 1 percent
The American public won’t be fooled by Republicans’ disingenuous claims about tax cuts. What Republicans aren’t mentioning is that the benefits they boast about only go until 2025. The corporate tax cuts, on the other hand, are permanent. The cost of those cuts to the American people will be with us long past 2025. The tax bill may result in significant cuts to Medicare, Medicaid and Social Security, and will cause 13 million people to lose their health insurance. This bill is fiscally irresponsible and will saddle future generations with $2 trillion added to our deficit.
The last time America’s tax system was overhauled was in 1986, but it was done on a bipartisan basis and was completely transparent. The Republicans this time around decided to jam a strictly partisan bill and shutout Democrats from the entire process. Americans deserve A Better Deal."