Rep. Sewell Statement on Trump Tax Proposal

Statement

Date: April 26, 2017
Location: Washington, DC

Today, President Donald Trump released a tax proposal that would dramatically reduce taxes for corporations and wealthy individuals and add trillions of dollars to the federal deficit. Congresswoman Terri A. Sewell, a member of the Ways and Means Committee, responds with the following statement:

"The plan our President released today favors the wealthiest individuals and corporations with trillions in tax cuts, all while saddling working American families with the cost. I stand ready to work with lawmakers on both sides of the aisles to reform our tax code in a way that benefits hardworking Americans and small businesses. But instead of offering reform, our President is recommending a plan that would save wealthy individuals like himself hundreds of millions of dollars. Trump's refusal to disclose his tax returns means we may never know the full extent to which our President will profit off of his own tax plan."

"For millions of working families, tax reform could mean the difference between gaining financial stability and just scraping by. This President and Republican leadership need to refocus their tax proposals on everyday Americans rather than the privileged few."


Source
arrow_upward