Even Fox has to admit the GOP tax plan raises taxes on many middle-class Americans

Even Fox has to admit the GOP tax plan raises taxes on many middle-class Americans

Gerri Willis: Republicans "say everybody and their mother gets a tax cut, and what I'm saying is that's not true"

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From the December 4 edition of Fox News' Shepard Smith Reporting:

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GERRI WILLIS: Republicans, on the other hand, they keep saying everybody gets a tax cut. You and I both know that's really not true. If you live in a blue state, you're a W-2 earner --

SHEPARD SMITH (HOST): It's on every middle-classer, because every middle-classer does not --

WILLIS: Well, Republicans make big, big -- you know, they say everybody and their mother gets a tax cut, and what I'm saying is that's not true, and people, even middle-class people in blue tax states are gonna see a tax increase.

And why? It's because of that state and local tax deduction. Taking that away, even if you leave $10,000 for real estate, still is going to hit people hard. And the surprise about this is high-income tax states, states where income taxes are high and charged by their state capitols.

You'd be surprised at some of these. You know California, but what about Oklahoma, Minnesota, Iowa, of course, New Jersey and New York? There's some states in there that you might not have expected.

Previously:

Ali Velshi and Stephanie Ruhle unleash a torrential debunking of a GOP congressman's tax policy lies

CNN debunks myth that GOP tax plans help the middle class, outlining "tax gifts for the wealthy"

Vox’s Ezra Klein explains how the GOP tax bill is “going to upend American health insurance markets”
 

Posted In
Economy, Budget, Jobs, Wages, & Unemployment, Taxes
Network/Outlet
Fox News Channel
Person
Gerri Willis, Shepard Smith
Show/Publication
Shepard Smith Reporting
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