Marsh jumped in to claim that Republicans have surrendered any ability to warn about deficits and debt because of the 2017 tax law.
In making this point, the crux of which I'll address below, she also asserted that the new law merely serves a "Teeny weeny" fraction of the very wealthy, dismissing my point that nearly all taxpayers have seen their tax burdens reduced as a result of the tax reform package.
There is absolutely no comparison between the "Cost" of the tax law and the cost of 'Medicare for All'.
Federal tax revenues hit a record high in 2018, partially boosted by a strong economy - which, in turn, was fueled by tax reform and deregulation.
The reality, according to multiple nonpartisan analyses, is that the overwhelming majority of Americans receive tax cuts under the new law, across every income bracket.
As I've also written in recent months, Democrats shifted from pretending that the law was a tax hike on the middle class, to complaining that its middle class tax cuts weren't permanent under the law.
Only a small percentage of taxpayers saw their tax burdens rise as a result of the law, the lopsided majority of whom are high-income earners living in high-tax blue states.
https://townhall.com/tipsheet/guybenson/2019/01/29/fact-check-yes-the-overwhelming-majority-of-americans-get-a-tax-cut-under-the-goppassed-law-n2540357
In making this point, the crux of which I'll address below, she also asserted that the new law merely serves a "Teeny weeny" fraction of the very wealthy, dismissing my point that nearly all taxpayers have seen their tax burdens reduced as a result of the tax reform package.
There is absolutely no comparison between the "Cost" of the tax law and the cost of 'Medicare for All'.
Federal tax revenues hit a record high in 2018, partially boosted by a strong economy - which, in turn, was fueled by tax reform and deregulation.
The reality, according to multiple nonpartisan analyses, is that the overwhelming majority of Americans receive tax cuts under the new law, across every income bracket.
As I've also written in recent months, Democrats shifted from pretending that the law was a tax hike on the middle class, to complaining that its middle class tax cuts weren't permanent under the law.
Only a small percentage of taxpayers saw their tax burdens rise as a result of the law, the lopsided majority of whom are high-income earners living in high-tax blue states.
https://townhall.com/tipsheet/guybenson/2019/01/29/fact-check-yes-the-overwhelming-majority-of-americans-get-a-tax-cut-under-the-goppassed-law-n2540357
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