Linda Sánchez Statement on Ryan-McConnell Tax Reform Proposal
Washington, D.C. – U.S. Representative Linda Sánchez (CA-38), Vice Chair of the House Democratic Caucus and a member of the House Ways and Means Committee, released the following statement on the Republican leadership’s proposal for tax reform:
“What Republicans released today should have every American asking ‘How are you going to do it?’ Republicans have again put out a framework of generalities without specifics on how they hope to achieve their goals or the long-term costs to the American people. My concern with the fundamentals of the Republican plan is that the wealthy and corporations will see much of the benefit, while the long term costs will fall squarely on the backs of middle class families.
“Hardworking Americans need a simpler and fairer tax code – there is no disagreement there. Today’s tax code is a complex web that is hard for working families to navigate. However, tax reform done the wrong way will not actually deliver the help Americans need.
“During our meeting with the president yesterday, he assured everyone in the room that the benefits from their tax reform plan would go to middle class Americans – not the wealthy – and he pointed at Treasury Secretary Mnuchin and White House economist Gary Cohn. From what we have seen so far, that assurance will likely be added to the growing list of President Trump’s broken promises.
“There is more Congress should do within the tax code to help Americans save for retirement, make child care more affordable, and make investments in our future. These are areas where I think we can get bipartisan agreement. But Republicans have to be willing to include Democratic input.
“For lasting tax reform to work, it must be bipartisan. It’s clear the Republican ‘Go-It-Alone’ approach does not work. Now is the perfect opportunity for Congress to work together on a tax reform package that will help working families and grow the middle class.”