On Tax Day, Pocan Calls for a Fairer Tax Code for the Middle Class
WASHINGTON, D.C.—U.S. Rep. Mark Pocan (WI-02) today called on Congress to take steps to restore tax fairness for America’s middle class families.
“It’s clear our tax code unfairly benefits the wealthiest Americans, while middle class families struggle to make ends meet. Economic inequality has grown over the past decade and it’s time for Congress to work together on tax reforms to fix this injustice. We must close unfair tax loopholes, end special interest tax breaks for corporations, and reform the tax code to support the creation and retention of good-paying jobs here in the United States," said Representative Pocan.
According to an analysis by Citizens for Tax Justice, the Republican budget would raise taxes on middle class families with children by more than $2,000 per year to pay for an average tax cut of $200,000 for the very wealthy and corporations shipping jobs overseas. The Republican proposal would also shift long-term costs onto the backs of seniors and the middle-class by turning Medicare it into a voucher program and slashing investments in infrastructure and the education of our children.
“Unlike the Republican budget, Democrats have put forward plans to cut taxes for the middle class and small businesses to spur economic growth and build an economy that works for everyone,” continued Representative Pocan. “We should not mortgage the future of our children to pay for tax cuts for millionaires and corporations shipping jobs overseas. Together, we can close the opportunity gap by strengthening the middle class, creating jobs, investing in our infrastructure and our children’s education, and responsibly reducing the deficit.”