December 28, 2017

The Observer: ITEP Responds to MacArthur on GOP Tax Plan

media mention

Excerpt from op-ed by Meg Wiehe:

Rep. Tom MacArthur’s Dec. 27 op-ed cherry-picked data from analyses by my organization, the Institute on Taxation and Economic Policy (ITEP), to bolster his misguided claim that New Jerseyans are against the GOP-Trump tax plan because they don’t have the proper information. This suggestion insults his constituents’ intelligence.

Polling shows that Americans oppose the GOP tax plan because they believe it reserves the majority of its benefits for the wealthy and corporations. Multiple independent analyses, including by ITEP, theTax Policy Center, the Penn Wharton Budget Model, and Congress’s own scorers, the Joint Committee on Taxation, reveal they are correct. The tax cuts are targeted at the top with laser precision, some taxpayers face an increase right away, and personal income tax cuts for individuals and families expire after 2025. Read more