Well, the tax bill has been signed. It's middle class relief. That's a fact. Around 91 percent of middle class income Americans will be seeing savings in their next bill to the government, something that CNN’s Jake Tapper brought up with Sen. Bernie Sanders (I-VT) this morning.
.@jaketapper: “Next year, 91% of middle income Americans will receive a tax cut. Isn’t that a good thing?”@BernieSanders: “Yeah, it is a very good thing. And that’s why we should’ve made the tax cuts for the middle class permanent” #CNNSOTU https://t.co/ei8xTHGo1E
— CNN Politics (@CNNPolitics) December 24, 2017
“Yeah, it is a very good thing,” Sanders said of the tax cut. “And that’s why we should’ve made the tax cuts for the middle class permanent.” Sanders went onto to say that after ten years, the middle class tax cuts would expire and the vast majority of the benefits will go to the wealthy and corporate interests. Some on social media, like AG Conservative and Stephen Miller, have noted the moving of the goal posts here. Sen. Sanders, the self-described democratic socialist, now thinks that the bill wasn't good enough. Didn't he and the rest of the left preach the apocalypse about this tax reform package? That’s rich.
Bernie Sanders wants the tax cuts permanent? Jeeze man why didn't you speak up? Looking forward to him campaigning on this and working with Ryan/McConnell to make that happen. https://t.co/wvORSoDokR
— Stephen Miller (@redsteeze) December 24, 2017
CBS News found three families from different background and economic status who would benefit from President Trump’s tax plan. In North Carolina, the news network found a single working mom making less than $40,000 a year would save $1,300 in taxes. Even in a high tax state like California, a family making $300,000 a year that has just started a cycling business would save $13,000 a year thanks to the new rates and child tax credits; they have three kids.
Left-leaning tax policy center finds that 80.4% of Americans would see a tax cut in 2018. The average decrease would be $2,140. Only 4.8% would see a tax increase.https://t.co/2UVcvrom6d pic.twitter.com/52F9uDx90Z
— (((AG))) (@AG_Conservative) December 19, 2017
Same analysis finds that 75.5% would see a tax decrease in 2025 compared to current law. The average decrease is $2530. 8.9% would see a tax increase. https://t.co/RopZNFqZPW pic.twitter.com/ewdM4vLtUd
— (((AG))) (@AG_Conservative) December 19, 2017
Democrats aren’t going to life a finger to help Republicans on much of anything since that means helping Trump, which is anathema to their base. They want to win the 2018 elections, so they sat this one out. And now they’re going to have to explain why they decided to screw over the middle class.
Thread:
We went from “this tax plan is the worst bill in history” to “it didn’t go far enough”.
— (((AG))) (@AG_Conservative) December 24, 2017
This is why the 2027 talking point was so dishonest. For those rates to expire, Dems would have to vote to raise taxes on the middle class in 2026. https://t.co/GdLbtq1FMA
The whole reason they weren’t permanent in this bill is 0 Dems wanted to support it. They were holding permanent tax cuts for the middle class hostage to try to keep tax reform from passing. R’s passed it w/o them so now they have to change their tune.
— (((AG))) (@AG_Conservative) December 24, 2017
They spent months yelling this bill was about raising taxes on the middle class, now suddenly the impact of this bill on the middle class is a “good thing”.
— (((AG))) (@AG_Conservative) December 24, 2017
Media should have been calling them on it the whole time.