Senator David Perdue Refutes Misinformation On Tax
“No excuse for this nonsense. I think it's our role, on both sides, to call out these untruths.”
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) spoke on the Senate floor to set the record straight on Democrat’s false assumptions on tax, which have been proven wrong.
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Citing Retracted Studies: “On Monday, The Tax Policy Center released a study saying that the House plan to change the tax code would raise taxes on 25% of American families. The study didn’t even survive a full day. It was retracted later that afternoon. It’s not even publicly available online to review. But do you know what is still public? The Democrat statements that came out of that report, false statements highlighting this study as reality.”
Perpetuating Falsehoods: “The website Vox posted a story about the Tax Policy Center study titled, ‘The Numbers Are In And The House Republican Tax Bill Raises Taxes On Nearly One-Third of Americans.’ Sure, they say they’ll update the story once new numbers are available. In the meantime, this headline and story are still in existence as if they were true. Why wouldn’t they take down the story? Why wouldn’t they change the headline?”
Failing Fact Checks: “Multiple members of the Minority Party have said the tax framework supported by President Trump would raise taxes on families earning less than $86,000 per year. This talking point is so wrong that even The Washington Post came out and said so. They gave this claim four Pinocchios. That's the worst rating you can get on their fact check.”
Putting On A Show: “The Minority Party is doing all it can to try and stop us from getting this done this year because it makes good politics somehow. That's the only explanation I see. It just doesn't make any sense. Why would someone oppose giving the middle class a tax break? Why would someone oppose making America competitive again? Why would someone oppose bringing billions of dollars of U.S. profits back into the United States so they can be reinvested in the economy and create jobs?”
Ignoring National Interest: “If Democrats were acting in our national interest, we’d be hearing about the studies showing that, on average, Americans are projected to get a pay increase between $4,000-$9,000 under this plan. We’d be hearing about how families making less than $86,000 per year are actually getting a tax cut. Again, that’s a point even The Washington Post acknowledged. We’d be hearing about how lowering the corporate tax rate and ending the tax on repatriated earnings will make us more competitive with the rest of the world. We’d be hearing about the economic growth that could result from these changes.”
Changing Their Tune: “There are members of the Minority Party who supported these changes to the tax code right up to the point President Trump took office. That’s no excuse for this nonsense. I think it's our role, on both sides, to call out these untruths. It's also our responsibility to stop this nonsense.”
Senator Perdue is the only Fortune 500 CEO in Congress and is serving his first term in the United States Senate, where he represents Georgia on the Armed Services, Banking, Budget, and Agriculture Committees.
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