Democrats on Friday attacked the Republican tax cut plan with a press conference featuring people who would lose out under the proposal’s elimination of popular deductions.
House Minority Leader Nancy Pelosi pledged to “be very graphic” in warning against the Republican plan.
“They are taking the American people for suckers,” Pelosi, D-Calif., said. “They are trying to pass this off as a middle-class tax cut.”
The Republican plan lowers individual and corporate tax rates while ending many deductions. The new tax code would do away with the deductions for medical expenses and student loan interest, for example, as well as the school supply costs incurred by teachers who use their own money to stock classrooms.
“Why would you cut the deduction on interest on student loans,” Pelosi said. “Why would you say to teachers you have to take it out of your own pocket to bring supplies to schools, but you are not going to get a deduction? But we are going to give corporate America a tax deduction to shift jobs oversees.”
Republicans argue most tax filers will save money even without the deductions thanks to the lower rates, expansion of the child tax credit and doubling of the standard deduction.
Pelosi believes the math will not benefit the middle class, however.
“They give with one hand just a little bit and they take a great deal away,” Pelosi said.
Democrats this year used an aggressive messaging plan that included protests and heavy town hall turnout to help defeat the GOP effort to repeal and replace Obamacare.