December 2, 2017

Senate Okays Unpopular Plan to Widen Income Inequality, Make the Rich Richer

news release

Following is a statement by Alan Essig, executive director of the Institute on Taxation and Economic Policy, regarding the Tax Cuts and Jobs Act passed tonight by the U.S. Senate.

“Tonight, lawmakers demonstrated that their top priority is satisfying the policy wants of the wealthy and the powerful. Tax increases and loss of health care for millions of hardworking low- and middle-income families apparently are inconsequential collateral damage as long as well-heeled donors and corporations get their tax cuts.

“It’s not too late to change course. But so far, Republican leaders have demonstrated that, for them, the only voices that matter in this debate belong to those who fund their campaigns.”

ITEP has resources on specific pieces of the Senate plan:

Or visit for a full list of our resources on the tax debate, including analyses of both the House and Senate plans.