Clay Says Trump-GOP TaxScam Will Raise Taxes on over 320,000 Missouri Families, Strip Healthcare Coverage Away from 13 Million Americans, Explode the Debt
Note: The following, in its entirety, is all first-person from Congressman Wm. Lacy Clay (D) Missouri in reaction to House passage of H.R. 1, the GOP Tax Scam.
“This monstrous Trump-GOP Tax Scam is one of the worst pieces of legislation that I have ever seen. It raises taxes on over 86 million middle-class families to provide a massive transfer of wealth from working people to the super-wealthy and to corporations.
Families like President Trump’s will be richly rewarded while over 320,000 middle-class families in Missouri will get a tax increase. In fact, 83% of the tax cuts in this deeply flawed and fiscally irresponsible bill will pad the pockets of the top 1%.
This terrible and destructive bill will rob seniors by cutting over $25 billion from Medicare to help pay for tax cuts for billionaires.
It will strip away healthcare coverage from 13 million Americans.
And it will explode the debt by putting at least $1 trillion more on the national credit card which our children and grandchildren will pay for.
This isn’t tax reform…it’s tax fraud.
Under the Trump-GOP TaxScam…the haves will have more, and everyone else will pay for it.”