John Yarmuth on GOP Tax Bill: ‘Numbers Are Overwhelmingly Compelling’ It Will Benefit the Wealthy and Corporations

‘And the Republicans still insist on saying this is all focused on middle class Americans, and it’s not’

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YARMUTH: ">> They will have trouble. This exclusion of state and local taxes, the deduction is a really difficult thing for them. It will cost them votes. It has cost votes in the house. But if they don’t eliminate that deduction they can’t make the numbers work. And they have several examples in the tax bill, refusal to allow people to deduct interest on student loans, those type of things. Really, really difficult. That argument we’ve had, the same one that Sherrod and orrin had. And the Republicans still insist on saying this is all focused on middleclass Americans, and it’s not. The numbers are overwhelmingly compelling. This will benefit mostly wealthy corporations."

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