Washington, DC - U.S. Senator Bob Casey (D-PA) is releasing the statement below following Vice President Pence’s visit to York, PA to discuss the GOP tax plan:
“Middle class families and small businesses in York and South Central Pennsylvania deserve a tax cut, but Vice President Pence is peddling a massive giveaway to the wealthiest Americans and biggest corporations. This scheme lavishes the super-rich with obscene tax giveaways while middle class families lose important tax deductions that help them make ends meet. Under the plan Vice President Pence is promoting, families in South Central Pennsylvania will no longer receive deductions for state and local income taxes, medical expenses and interest on student loans. While the plan doubles the standard deduction it also eliminates personal exemptions. In 2018, this would mean a family of four would gain $11,000 in standard deduction, and simultaneously lose $16,600 in personal exemptions. Tax giveaways for the wealthiest should not come at the expense of vital deductions that help middle class families. I urge congressional Republicans and the Administration to drop this tax scheme and work in a bipartisan way to help grow wages and create jobs for middle class families.”
