WaPo Calls Out Pelosi for Misleading Claim That ‘Middle-Class’ Americans Will See Higher Taxes Under Trump Tax Law
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Title : WaPo Calls Out Pelosi for Misleading Claim That ‘Middle-Class’ Americans Will See Higher Taxes Under Trump Tax Law
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Title : WaPo Calls Out Pelosi for Misleading Claim That ‘Middle-Class’ Americans Will See Higher Taxes Under Trump Tax Law
link : WaPo Calls Out Pelosi for Misleading Claim That ‘Middle-Class’ Americans Will See Higher Taxes Under Trump Tax Law
news-today.world | The Washington Post fact checker on Tuesday gave House Minority Leader Nancy Pelosi (D., Calif.) "two Pinocchios" for her misleading claim from last week that 86 million middle-class families will see a tax increase under the Republican tax reform law.
"Eighty-six million middle-class families will see a tax increase while they advertise it as a middle-class bill," Pelosi said at a town hall in California on April 4.
That claim is misleading, the Post found, since more than 80 percent of taxpayers are expected to get a tax cut and less than 5 percent are expected to get a tax increase under the overhaul, according to the nonpartisan Tax Policy Center.
Pelosi's 86-million number comes from the fact that, in 2027, the last year of the tax cut, a majority of Americans will see a tax increase, while only 25 percent of taxpayers will see a tax cut. The bottom 80 percent of taxpayers—who Pelosi classifies as "middle class"—will see a greater percentage of tax hikes.
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"Eighty-six million middle-class families will see a tax increase while they advertise it as a middle-class bill," Pelosi said at a town hall in California on April 4.
That claim is misleading, the Post found, since more than 80 percent of taxpayers are expected to get a tax cut and less than 5 percent are expected to get a tax increase under the overhaul, according to the nonpartisan Tax Policy Center.
Pelosi's 86-million number comes from the fact that, in 2027, the last year of the tax cut, a majority of Americans will see a tax increase, while only 25 percent of taxpayers will see a tax cut. The bottom 80 percent of taxpayers—who Pelosi classifies as "middle class"—will see a greater percentage of tax hikes.
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You are now reading the article WaPo Calls Out Pelosi for Misleading Claim That ‘Middle-Class’ Americans Will See Higher Taxes Under Trump Tax Law With link address https://newstoday-ok.blogspot.com/2018/04/wapo-calls-out-pelosi-for-misleading.html