News · Press Release

Zach Nunn’s Budget Gives Massive Handouts to Billionaires

Republican Study Committee proposes GOP Tax Scam 2.0 that rigs economy for wealthy while doing nothing to lower costs for working families 

Zach Nunn’s Republican Study Committee released a budget last week that cuts taxes for the ultra wealthy and well-connected while leaving working families and the middle class to foot the bill.

Nunn and the Republican Study Committee’s latest Tax Scam would overwhelmingly benefit the top 5% of income earners by permanently cutting taxes for the rich and billion-dollar corporations and making it easier for them to get away with cheating on their taxes. If Nunn made his Tax Scam permanent, it would balloon the national debt by up to $2.7 trillion over the next decade.

Additionally, Nunn’s proposal cuts Social Security and privatizes Medicare, continues attacks on reproductive freedoms, and raises costs for hard-working Americans.

DCCC Spokesperson Mallory Payne:
“Instead of providing tax relief for the middle class, Zach Nunn’s budget has made clear that his priority is helping the wealthy and well-connected – not everyday Iowans. Voters can see that Nunn’s plan for the economy does nothing to help them, but will actually raise costs on them.”

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