Washington, DC – Senator Sheldon Whitehouse (D-RI) released the following statement on passage of the Republican tax bill:
“TrumpTax reads like a list of broken promises to the middle class. Instead of boosting the middle class, it limits popular deductions and threatens home values in Rhode Island and across the country. Instead of honoring the President’s commitment to protecting Medicare and Social Security, it sets the stage to slash them. Instead of making taxes simple enough for Americans to file on a postcard, it opens new loopholes and leaves the tax code every bit as complicated. TrumpTax even gives real estate developers a massive tax cut – just in time for Christmas at Trump Tower. Jamming through this tax plan is regrettable.”
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