Rep. Thompson Slams House Passage of Republicans’ Irresponsible Tax Bill
Washington, DC – Today, Congressman Mike Thompson (CA-05) issued this statement following House passage of Republicans’ irresponsible tax bill:
“Today, I voted against the tax legislation that House Republicans have jammed through the House and that would affect each and every American taxpayer for years to come.
“They held no hearings. They heard from no expert witnesses. And they unveiled the final bill just one week ago. For something as big as rewriting America’s tax code, this process is wildly irresponsible.
“What’s worse than the process is the product. This bill actually raises taxes on many middle class families and adds $2.3 trillion to our already too high national debt, all to give massive tax breaks to the wealthy and corporate interests. Our tax code is a zero-sum game, and these tax breaks come at the expense of the middle class and future generations.
“Let’s be clear about what’s going on here. Republicans in Washington are desperate for a win and so are their donors. That is why they’ve jammed through a tax bill in which 70 percent of the tax breaks go to corporate interests.
“This is not how a country should be governed. Republicans ought to listen to their constituents—not just their donors—and work across the aisle to deliver meaningful and sustainable tax reform.
“I’ll continue to do everything I can to fight this backwards bill as it continues through the legislative process.”