Rep. Johnson highlights new report showing GOP Tax Plan raises taxes on families, eliminates state and local tax deduction
WASHINGTON, D.C. – Congressman Hank Johnson (GA-04) highlighted a new report showing the Ryan-McConnell tax framework unveiled by Republicans last week would dramatically increase the tax burdens of many families living in Georgia’s Fourth District -- many by an average of $9,158 through the elimination of the state and local tax deduction alone.
More than 44 million American households claim the state and local tax deduction each year.
“Real tax reform doesn’t raise taxes on hard-working families while handing hundreds of billions of dollars in tax breaks to the wealthiest one percent, but that’s exactly what the Ryan-McConnell tax plan would do,” said Rep. Johnson. “I call upon all my Georgia Republican Congressional colleagues to join me in opposing this inexplicable provision to raise taxes on working people. Families in my district shouldn’t be paying more in taxes so Republicans can add trillions to the deficit giving tax breaks to billionaires.”
An additional analysis by the non-partisan Tax Policy Center found that 80 percent of the individual tax cuts in the Ryan-McConnell tax framework would go to the wealthiest one percent of Americans. Tens of millions of middle class families could pay more in taxes under the GOP framework.
“The Ryan-McConnell tax plan relies on the same tired, trickle-down tax agenda that Republicans have used for decades,” said Rep. Johnson. “I will fight for the people of Georgia’s Fourth and stand firm in demanding real tax reform that puts the middle class first, with not one penny in tax cuts for the top 1 percent.”