(Washington, D.C.) Today, House Republicans passed the conference version of the “Tax Cuts and Jobs Act.” Republican lawmakers revised this legislation behind closed doors, and designed a tax plan that is even more tilted to the wealthy and corporations than the separate House and Senate versions. All told, this bill will raise taxes on 92 million working families with incomes under $200,000—and gut the Affordable Care Act.
The following is a statement by Fatima Goss Graves, President and CEO of the National Women’s Law Center (NWLC):
“Today’s vote betrays everyday families across the country. Faced with cutting taxes for families or the wealthiest Americans, Republicans sided with the wealthy. Given the choice between making tax cuts permanent or temporary, they handed permanent cuts to corporations and only temporary, token cuts to families. To pay for the massive cuts that will benefit the richest, they eviscerated the Affordable Care Act—which will cause over 13 million people to lose their health insurance coverage. And they’ve already begun to discuss their plans to gut critical programs like Medicare, Medicaid, Social Security and nutrition assistance that millions of people depend on to survive. We will never accept the GOP’s agenda of giving tax cuts for the rich while decimating these vital programs. These tax cuts must be repealed.”
The National Women’s Law Center is a non-profit organization that has been working since 1972 to advance and protect women’s equality and opportunity. The Center focuses on major policy areas of importance to women and their families including economic security, education, employment and health, with special attention given to the concerns of low-income women. For more information on the Center, visit: www.nwlc.org.