Rand Paul Is Not Happy With The New Tax Plan
Article from The Hill by Naomi Jagoda.
Sen. Rand Paul (R-Ky.) on Monday criticized the tax-reform framework released last week by Trump administration officials and congressional GOP leaders, after a think tank issued a report finding that many middle-class taxpayers could see their taxes go up.
“This is a GOP tax plan? Possibly 30% of middle class gets a tax hike? I hope the final details are better than this,” Paul said in a tweet that included a link to the study from the Urban-Brookings Tax Policy Center (TPC).
This is a GOP tax plan? Possibly 30% of middle class gets a tax hike? I hope the final details are better than this. https://t.co/lcjkI4YRz8
— Senator Rand Paul (@RandPaul) October 2, 2017
TPC’s analysis found that by 2027, almost 30 percent of taxpayers with income between about $50,000 and $150,000 would see their taxes increase under the framework that the White House and congressional GOP leaders released last week.
In total, about 25 percent of taxpayers would see higher taxes under the GOP’s plan by 2027, TPC said.
Read the entire article at The Hill.