WASHINGTON ― Republicans say their tax plan is designed to help the middle class, but they also won’t guarantee that it will. House Speaker Paul Ryan (R-Wis.) said on Sunday the proposal’s purpose “is to get a middle-class tax cut.” But when CBS “Face the Nation” host John Dickerson asked him if he could guarantee a cut for every middle-class family, Ryan stopped short. Last week, White House economic advisor Gary Cohn also admitted that not everyone would get a tax cut under the bill. The Bush tax cuts didn’t include any “losers,” other than the federal budget deficit. “Although the middle-class tax cuts were pretty trivial, everybody was a winner,” Larry Zelenak, a tax professor at Duke University Law School, said in an interview.

Source: Huffington Post October 02, 2017 17:55 UTC