Levin Floor Statement on GOP Tax Bill

Dec 19, 2017

FOR IMMEDIATE RELEASE: December 19, 2017           Contact: Nick Gwyn, (202) 225-4961

Levin Floor Statement on GOP Tax Bill


WASHINGTON, D.C. – Rep. Sander Levin (D-MI) today delivered the following remarks on the House floor during consideration of the conference agreement on HR 1.

(Remarks as delivered)

“In all of my 35 years in Congress, this is one of the most deceitful bills I have ever seen. 

It is deceitful when Republicans say the bill is focused on the middle class, while it’s really aimed at making the very wealthy even wealthier and forcing millions of middle class families to pay higher taxes. 

It is deceitful when they say it makes the tax code simpler, even as the legislation creates complicated new loopholes, while allowing existing ones, such as carried interest, to continue.

It is deceitful when the bill will increase the outsourcing of American jobs by providing a lower tax rate on foreign investment compared to investing here.

It is deceitful about the debt.  Republicans say don’t worry about the expiring tax provisions, but extending them would raise the bill’s already devastating effect on the deficit to $2.3 trillion.

Republicans are rushing this bill, but even in their haste, they are too late.  The majority of the American people already say this bill is a deceitful sham.”