News · Press Release

House Republicans will Raise Middle Class Taxes to Give Tax Cuts to Corporations

Ahead of the release of Speaker Ryan’s and establishment House Republicans’ corporate tax cut plan, the Democratic Congressional Campaign Committee released the following statement:

“Whatever backroom deals Speaker Ryan, Rep. Peter Roskam, and establishment Republicans cut to buy a few extra votes, at its core this tax plan is a scheme to raise taxes on middle class Americans in order to cut taxes for corporations,” said DCCC spokesperson Jacob Peters. “Main street’s loss will be Wall Street’s gain if Congressional Republicans have their way, and Chicagoland is watching closely as Rep. Peter Roskam and Rep. Randy Hultgren prepare to walk the plank on yet another unpopular bill that hurts the middle class.”

Among the unacceptable middle class tax increases Paul Ryan and House Republicans are considering:

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