Senate Democrats Rallying To Repeal Your Tax Cuts
‘So, believe me, after years of being left behind by Democratic policies, the middle-class Kentuckians I represent and hardworking Americans all over the country do not see a thousand-dollar bonus or a $2,000 tax cut as “crumbs.” Democrats can protest Americans’ tax cuts, bonuses, and new jobs all they like. Republicans will keep defending middle-class families.’
WASHINGTON, D.C. – U.S. Senate Majority Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the benefits Americans across the country continue to see from tax reform:
“I noticed that a number of my Democratic colleagues attended a small protest rally yesterday. It was right here, on the Capitol grounds. Apparently it was put on by a number of left-wing pressure groups, including MoveOn.org, Planned Parenthood, and Big Labor. So what were they protesting? What outrage brought leading Democrats to join this protest on the East Front of the Capitol? Turns out, it was the fact that Republicans let middle-class families and American small business keep more of their own money.
“That’s right. Democrats are rallying to repeal your tax cuts. Never mind that our pro-growth tax reform has led to thousand-dollar bonuses, pay raises, educational opportunities or other new benefits for millions of Americans. Democrats still want to repeal it. Never mind the new estimate that says tax reform will yield more than a million new jobs in the next decade. Or the fact that jobless claims are at their lowest level since 1973.
“No amount of good news will shake Democrats’ confidence that they know how to spend the American people’s money better than the American people. My friend the Democratic leader said so, right here on the floor a few weeks ago. I quote: ‘There are much better uses for the money.’ Really? On average, a family of four earning the median income will save about $2,000 on their taxes. I don’t think a middle-class family will have difficulty finding good ways to use $2,000.
“They certainly don’t need a bureaucrat to do it for them. Maybe they need a new washer and dryer, or refrigerator. Maybe it’ll help them make the down payment on a second car. Maybe they’ll use it to keep up with rising health costs, since Obamacare has utterly failed to keep costs down for American families. Whatever they choose, I’m glad that Republican tax reform is letting hardworking parents keep more of their own money.
“But my Democratic colleagues disagree. They’re rallying to take back that family’s money so they can spend it themselves. They’re so out of touch that they scoff at $2,000 tax cuts, thousand-dollar bonuses, and permanent wage increases for hourly workers. They call them ‘crumbs.’
“‘Crumbs.’ To be fair, in the wealthiest parts of San Francisco or New York City, maybe a thousand dollars does look like a rounding error. And we know those are the places our Democratic colleagues are focused on. When President Obama was in power, Democratic policies fueled an incredibly uneven economic recovery. By one estimate, the biggest, richest urban areas captured 73 percent of all the job gains.
“Meanwhile, millions of Americans in smaller cities, small towns, and rural areas saw little or no progress. So, believe me, after years of being left behind by Democratic policies, the middle-class Kentuckians I represent and hardworking Americans all over the country do not see a thousand-dollar bonus or a $2,000 tax cut as ‘crumbs.’ Democrats can protest Americans’ tax cuts, bonuses, and new jobs all they like. Republicans will keep defending middle-class families.”
Related Issues: Economy, Taxes, Senate Democrats, Middle Class, Tax Reform