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Thursday, November 7, 2024

Sánchez statement on GOP Tax Scam 2.0

Linda t sanchez

Linda T. Sánchez | Official U.S. House headshot

Linda T. Sánchez | Official U.S. House headshot

WASHINGTON – Congresswoman Linda T. Sánchez (CA-38), a senior member on the House Committee on Ways and Means, today issued the following statement responding to Republicans’ tax legislation that will be marked up in Committee today: 

“After months of holding our economy hostage with their manufactured debt crisis, House Republicans are now moving to deliver billions in tax cuts to the wealthy and well connected. This GOP tax scam is nothing but a corporate giveaway. It is the latest example from House Republicans that “fiscal responsibility” is only a priority when they are cutting programs that help working families and seniors — like Medicare and Social Security.

“We know this kind of tax break doesn’t work. It failed when Republicans pushed similar measures in 2001, 2003, and 2017 – and it won’t work now. This tax scam will prioritize ultra-wealthy businesses – including Big Oil – and will do nothing to protect jobs, lower everyday costs, or help middle class Americans get by.

“Democrats have shown time and again that when we cut taxes we prioritize workers, families, and our most vulnerable. Republicans do the opposite. Once again, they have put those very groups on the chopping block to show support for their powerful wealthy donors.”

Original source can be found here.

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