McEachin Statement on Republican's Tax Plan
WASHINGTON – Congressman A. Donald McEachin (VA-04) issued this statement following passage of H.R. 1, the House Republicans’ tax bill:
“H.R. 1 raises taxes on more than 30 million hardworking middle-class families to fund massive tax cuts for the top one percent of Americans. Big corporations and the wealthy few will get richer on the backs of low-and-middle class families. If enacted, it would increase the deficit, bankrupt the middle-class, and blow an enormous hole in the federal budget — leaving us without the funds we need for job-creating investments in infrastructure, education, healthcare, and many other priorities.
“Provisions in our current tax code help students manage their loans; help families cope with medical debt; help teachers buy supplies; and supports small businesses that hire veterans. This bill slashes or eliminates those incentives, and uses the ‘savings’ to repeal the estate tax for the rich. I am appalled to see Republicans treat middle-class families like a piggy bank.”
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Contact: Jamitress Bowden
(202) 225-6365
