On the 6 month anniv of the #GOPTaxScam, I’m w @NancyPelosi, @JanSchakowsky, @CongressmanRuiz, @RepMcEachin & Americans impacted to discuss how it is leaving small biz behind, raising health care costs, & making retirement less secure. Tune in: facebook.com/WhipHoyer/vide…
My staff will tweet during today’s press conference on the #GOPTaxScam’s impact on middle-class families, small biz owners, & seniors. Follow along here using the hashtag #GOPTaxScam
Six months ago, Congressional Republicans passed a hastily written #GOPTaxScam law that adds $1.8 trillion to the deficit to give massive tax breaks to the wealthiest. The bill came to the Floor without hearings, testimony, &, very frankly, without proofreading.
The #GOPTaxScam will cause taxes to go up for 86 million middle-class households and give 83% of the tax cuts to the top 1% of Americans.
Six months after the #GOPTaxScam, none of the promises that Republicans made are coming to fruition.
Republicans promised that American workers would see a $4,000 raise thanks to the #GOPTaxScam, but wages are falling. They said that families struggling from paycheck to paycheck would see real relief, but rising health care & gas costs are eating up more of their paychecks.
Republicans promised that companies would use their tax cuts from the #GOPTaxScam to hire more workers and raise wages, but many companies are laying off workers & many more are using their tax cut to enrich investors through stock buybacks.
.@HouseGOP said all Americans would be better off under the #GOPTaxScam, but, six months later, we know that’s not true for many middle-class Americans.
Today, we are joined by a small biz owner who will discuss how the #GOPTaxScam has created more uncertainty & complexity for his company; a mom who is facing the prospect of skyrocketing health costs; & a senior concerned by how the law undermines Medicare.
The more time passes & Americans learn what’s in the #GOPTaxScam, the more unpopular it becomes. Dems will continue to hold the GOP accountable for their vote to raise taxes on the middle class, kick millions off health coverage, & make the tax code more confusing for small biz.
