Event Continues National Tour Shedding Light on Republican Tax Hikes on the Middle Class
Syracuse, New York — On Monday, Senate Democratic Leader Chuck Schumer will join elected officials, small business owners, tax experts, and affected families for a press conference on the TrumpTax’s disastrous impact on New York’s working families. The event continues a nationwide tour to shed light on the devastating repercussions of Republican tax breaks for millionaires, billionaires, and wealthy corporations at the expense of working families.
The event will take place on the front steps of Syracuse City Hall, Monday, March 19, 2018, 11:30 a.m. 233 E Washington St. Syracuse, NY 13202
Senate Democratic Leader Schumer will talk about the Devastating Effects of the TrumpTax in New York. Others on the dais include; Tom Keck, Syracuse University’s Maxwell School Professor; Joe Driscoll, Syracuse Common Council; Helen Hudson, Syracuse Common Council President; Peggy Chase, Onondaga County Legislator and Ian Phillips, New York State United Teachers.
According to Senator Schumer, “Fallout from the TrumpTax will be devastating, with The Tax Policy Center finding that 92 million middle-income families across America will pay more in taxes, while the richest 0.1 percent will get a nearly $150,000 tax break. Moreover, millions of Americans will see a 10 percent increase in health insurance premiums and Republicans are threatening to cut Medicare, Medicaid, and Social Security to pay for their tax giveaway.”
The TrumpTax is especiallyharmful for New Yorkers. The massive giveaway for the rich will result in tax hikes for working families. The Institute on Taxation and Economic Policy found New York taxpayers would be the nation’s second biggest loser under the plan, with a net tax increase of $4 billion.
After Monday’s event, the 100-day tour will continue hosting events around the country, featuring senators, congressional representatives, local elected officials, and people affected by the law. The tour will continue with stops in Pennsylvania, Virginia, and Georgia.