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Statement: Rep. Ro Khanna Addresses Trump Tax Blueprint

Statement

By: Ro Khanna
By: Ro Khanna
Date: April 26, 2017
Location: Washington, DC
Issues: Business and Consumers Executive Branch Taxes

Rep. Ro Khanna (CA-17) issued the following statement on the release of President Trump's tax reform blueprint.

"Trump's plan takes money out of the pockets of working families to pay for a tax cut for the wealthiest individuals and corporations. Any tax reform plan must focus on closing loopholes that allow companies to avoid paying taxes. This one does the opposite. The United States could collect billions of dollars in new revenue and discourage companies from going offshore. Tax reform proposals must also recognize how to keep companies and jobs in the U.S. I encourage my congressional colleagues to engage in a thoughtful debate on how to change tax laws to incentivize corporations to create jobs here at home."


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