Analyses of Republican tax plans have found the changes the party has proposed would disproportionately benefit the rich. After the Trump administration and the top Republican tax negotiators in Congress released a set of common tax principles last week, Democrats warned they were going down the wrong path. “We need sustainable, comprehensive tax reform, not a massive tax cut for the wealthy,” Mr. Wyden said. The Trump administration has also been more vocal this week about the importance of attracting some Democrats to its tax plan. “Senator Heitkamp is approaching tax reform with an open mind and she wants to work across the aisle to help make reforms that will grow the economy and support working families,” she said.
Source: New York Times August 01, 2017 12:11 UTC