Analysis of GOP Tax Plan: The Basics, Early Concerns, and Inaccurate Attacks
Guy Benson
Posted: Nov 02, 2017 3:55 PM
At long last, Republicans have rolled out their detailed tax reform proposal (extensive summary here), which the House Ways and Means Committee will begin marking up next week. As expected, the package lowers rates for families and businesses, simplifies the code. According to the GOP's initial numbers, "a typical middle-income family of four, earning $59,000 (the median household income), will receive a $1,182 tax cut." Democrats have falsely argued that this bill would raise taxes on middle class families, but that claim has been shredded by the Washington Post fact-checker, awarding a popular liberal attack 'Four Pinocchios' for dishonesty:
https://townhall.com/tipsheet/guybenson/2017/11/02/video-paul-ryan-on-tax-reform-n2403994
