Larson Fights GOP Plan to Double Tax CT & Cut Social Security and Medicare
Washington DC – Today, Rep. John B. Larson (CT-01) released the following statement from today’s Ways and Means Mark Up on the Republican Tax Plan 2.0:
Rep. Larson’s remarks can be viewed here.
“My Republican colleagues are doubling down on the double taxation of middle class families in Connecticut. Middle class families in states likes Connecticut, New Jersey and New York are getting double taxed by the Republican tax law to pay for tax cuts for a small group of the wealthiest in the country. The recent statement from Robert Greenstein of the Center on Budget and Policy Priorities makes clear the devastating nature of the Republicans’ Tax 2.0 proposal. When these tax provisions take full effect in 2026, the baby boom generation will be in full retirement, the Medicare and Social Security programs will be under an enormous strain, and the Republicans will be calling for benefit cuts! I hope my Republican colleagues can begin to focus on the struggles of hard-working Americans like those I chat with in Connecticut’s First District, who tell me how they can’t afford being double-taxed because of the new limitations of the State and Local Tax deduction and cannot imagine retiring with anything less than their full earned benefits from Social Security,” said Larson.