Economy

BERNIE’S BILLIONS: Sanders Vows to REPEAL Tax Cuts if DEMS Take Senate

posted by Hannity Staff - 4.11.18

Vermont Senator Bernie Sanders took his all-out war with the GOP tax cuts to a new level this week; pledging to repeal “all of President Trump’s tax cuts” and “rebuild the middle class.”

The liberal legislator released a statement regarding the tax legislation Monday; slamming the bill as a massive “break for the wealthy and large corporations” at the expense of social programs such as Medicare and Medicaid.

“Over and over again, President Trump and his administration falsely claimed that their $1.5 trillion tax cut bill would pay for itself,” said Sanders.

“Republicans are already using the huge increase in the debt that they caused as an excuse to make major cuts to Social Security, Medicare and Medicaid. That is unacceptable,” he added. “At a time of massive wealth and income inequality, we have got to repeal all of President Trump’s tax breaks for the wealthy and big corporations and rebuild the disappearing middle class.”

The socialist lawmaker’s comments come weeks after President Trump pledged to pursue “Phase Two” of his proposed tax cuts; hoping to make the reduced rates “permanent.”

Read Sanders’ full statement here.