Nolan Votes “No” On Republican Tax Bill That Punishes America’s Middle Class
[WASHINGTON D.C.] Rep Rick Nolan today voted “no” on the conference report of the Republican tax bill that punishes America’s middle class. The bill, met with bipartisan opposition, would provide a $1.5 trillion dollar tax cut to the super-rich and corporations, raise taxes on 86 million middle class households – more than half of America’s middle class – and pave the way for cuts to Medicare, Medicaid and Social Security.
“The simple truth is, this Republican tax bill is an underhanded and unconscionable attack on America’s middle class – the very people who constitute the foundation of our Nation’s greatness,” Nolan said. “This Republican bill hands trillions to the super rich, raises taxes on millions of everyday Americans, and sets the stage for the privatization and gutting of Medicare, Medicaid, and Social Security. I voted no on this bill and will continue to vehemently oppose it in every way I can.”
The most recent Tax Policy Center analysis of the conference report indicates that 83% of the tax cuts under H.R.1 will go to the top 1% of Americans. In addition, 86 million middle class households will see a tax increase.