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Economic Prosperity

BREAKING: Statement on House Passage of Republican Tax Plan

Nov 16, 2017

Ohio Middle Class Loses Under Tax Plan Passed by U.S. House

Today, Ohio Republicans in the U.S. House of Representatives voted to give massive tax handouts to millionaires, billionaires, and wealthy corporations at the expense of middle-class Ohioans. For Ohio’s Future Action Fund spokesman Daniel van Hoogstraten released the following statement in response to the Republican tax giveaway to the wealthy:

“Under the deceitful guise of middle-class tax relief, Ohio Republicans voted in favor of a tax plan that will fatten the pockets of the wealthiest at the expense of everyone else. Worse, the Republican plan will actually raise taxes on millions of middle-class households, all while adding more than $1.5 trillion to our deficit. These tax handouts will be paid for by drastic cuts to programs like Medicare, Medicaid, and public education, leaving many workers and their families worse off.  This tax plan is an egregious example of Washington politicians only looking out for themselves and their donors.”

The House Republican tax plan would add an estimated $1.7 trillion to the federal deficit over the next decade, and could trigger an automatic $25 billion cut to Medicare almost immediately.

Over the past several weeks, Ohioans throughout the state have been calling on their representatives in Washington to give not one penny in tax handouts to the wealthy at the expense of the middle class.