Levin: Expert Testifies that GOP Bill Will Increase Taxes for Middle Class

Nov 6, 2017

WASHINGTON, D.C. – Rep. Sander Levin (D-MI) today released the following statement after questioning the head of the Joint Committee on Taxation (JCT) on the Ryan-McConnell Republican Tax Plan during the Committee on Ways and Means consideration of the bill:

“Congress’ own non-partisan scorekeeper told us today that 38 million Americans who make between $20,000 and $40,000 in yearly income will see a net tax increase in 2023 under the GOP bill. He also conceded that families in other income groups, including those who earn between $50,000 and $100,000, may also see tax increases depending on their current deductions.

“At the same time the Republican bill is raising taxes on middle-income Americans, it provides a huge tax break to the very wealthy. JCT projects that in 2027, those earning $1 million or more a year will receive an aggregate tax cut of $36.6 billion – meaning that each of these very higher earners will receive, on average, a $58,000 tax cut. 

“This shows that Speaker Ryan’s claim that the GOP bill is focused on middle class tax relief deserves four Pinocchios. The Republican tax bill is focused on helping millionaires, not the middle class.”