“And that’s why we should’ve made the tax cuts for the middle class permanent.”. Aaron P. Bernstein/Bloomberg/Getty Images Sen. Bernie Sanders (I-Vt.) speaks at a House-Senate conference meeting on the Republican tax cut bill on Dec. 13, 2017. Rather than do away with the tax law entirely, Sanders supports repealing the tax breaks for the wealthy and corporations to make the bill’s middle-class tax breaks permanent and expand upon them. “Let’s pass tax reform that permanently benefits all middle-income and working-class families without giving tax breaks to the top 1 percent,” he said. One of the ideas is a 4 percent income-based premium on all households ― in other words, a middle-class tax increase.

Source: Huffington Post December 28, 2017 01:07 UTC