Hatch: The modified mark expands the child tax credit to $2,000 per child and raises the income caps on the credit to allow more middle-class families to claim it. #taxreformhttps://go.usa.gov/xnWJC
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Hatch: We are also further lowering rates for middle-class families. The 22.5 percent rate will drop to 22 percent, the 25 percent bracket will drop to 24 percent and the 32.5 percent bracket will drop to 32 percent. #taxreform
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Hatch: Expanding the child tax credit and lowering rates will let us channel even more tax relief to the middle-class.
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Hatch: “The modification also streamlines pass-through provisions, ensuring more small businesses – the engines of job creation for our economy – have greater access to the benefits.”
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Hatch: “If it looks like a duck, swims like a duck, and quacks like a duck, it’s probably a duck.” The individual mandate is a tax.
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Hatch: Zeroing out the individual mandate tax will raise $318 billion over 10 years, money we use in our mark to actually lower taxes for the middle class.
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Hatch: The Obamacare mandate tax is terribly regressive and imposes harsh burdens on low- and middle-income taxpayers. 80 percent of Americans who paid the individual mandate tax in 2015 made less than $50,000 a year.
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Hatch: The individual mandate has failed. It hasn’t prevented premiums from skyrocketing, nor has it kept insurers from leaving markets.
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End of conversation
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You are setting the US back decades behind the rest of the developed world in basic social benefits. You're making OUR workers less competitive while helping multinational corporations.
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And then you raise them again while keeping the corporate tax cuts in place. How dumb do you really think the American people are? It's insulting how little knowledge you believe the American people have. INSULTING
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