Statement on Release of GOP Tax Plan
Today, Congressman Brad Schneider (IL-10) released the below statement following the announcement of the “Tax Cut and Jobs Act” by House Republicans.
“We need to reform our outdated tax code, but it must be done in a bipartisan and fiscally-responsible way that encourages growth and supports our middle class. I’m deeply concerned with the partisan plan rolled out by Republican leadership today, in no small part because it saddles future generations with trillions more in debt to pay for tax cuts for the most fortunate Americans. Furthermore, restricting provisions depended on by the middle class, including the state and local tax (SALT) deduction and property tax deductions, hurts working families.
“In the days ahead, I hope my Republican colleagues will open the process in a bipartisan way. I remain ready and willing to sit down and work across the aisle to achieve responsible tax reform.”
In October 2017, Rep. Schneider led a letter with seven colleagues in the Illinois delegation urging House Ways and Means Committee Chairman Kevin Brady to preserve the state and local tax deduction.
Rep. Schneider is a co-chair of the New Democrat Coalition Tax Reform Task Force.