Senate Majority Leader Mitch McConnell says it would have been 'impossible' to give everyone in the middle class a tax cut
- On the heels of the Senate GOP's tax bill's passage, Senate Majority Leader Mitch McConnell said most middle class Americans were 'likely to' get a tax cut
- McConnell said that guaranteeing every middle class American would get a tax cut would be 'impossible'?
- At 2 a.m. Saturday morning, McConnell and Republicans got their tax bill through that cut corporate tax rates, while income tax breaks expire?
Senate Majority Leader Mitch McConnell said it would have been 'impossible' to cut the taxes of everyone in the middle class.?
'You can't craft any bill that would guarantee no one was in a special category that might get a tax increase,' McConnell told Face the Nation host John Dickerson. ?
McConnell appeared Sunday and argued the Senate Republicans' tax bill, which passed at 2 a.m. on Saturday morning, would offer relief for the average middle class taxpayer.
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Senate Majority Leader Mitch McConnell said on Sunday's Face the Nation that it would have been 'impossible' to ensure a tax cut for every middle class American. ''You can't craft any bill that would guarantee no one was in a special category that might get a tax increase,' he said?
John Dickerson (left) wanted to know why the corporate tax rate slash was never tinkered with in the GOP tax bill, while less time was spent on middle and lower income tax breaks. Mitch McConnell (right) responded that most middle class Americans were 'likely to' get a tax break
'Clearly, most people, middle-income taxpayers, an overwhelming majority of them, will get tax relief,' the Kentucky Republican said. 'And because of the business tax changes, it's much less likely that the job they currently have is going to end up in another country.'??
'Because we are clearly uncompetitive in the global economy with the current tax rates,' he said.?
McConnell argued that the tax bill, along with President Trump striking out a number of regulations, was what is responsible for picking the economy back up.?
'I don't want to read too much into quarterly growth rates, but we have had two growth rates in a row of 3 per cent growth,' McConnell said. 'I think this is going to get the country growing again.'?
As part of the Republicans' tax bill, the corporate tax rate went from 35 to 20 per cent, with Dickerson noting how nobody was 'tinkering' with that during negotiations on the Hill, while there was less emphasis on making tax relief for middle and lower income Americans more robust.?
'Well, the question is whether you're getting tax relief,' McConnell answered. 'And, of course, people on the lower end don't provide a huge percentage of the revenue that we raise through taxation. But what people want is, am I going to get some relief myself?'?
'Answer, overwhelmingly likely to,' the top Senate Republican said. ?
GOP lawmakers have argued that the corporate rate slash will also keep Americans' jobs in the United States.
'This is designed to get the economy growing,' McConnell said. 'We didn't have a single year of 3 per cent growth during all the Obama years. We were clearly underperforming. You have to ask the question why,' he told Dickerson and then answered it himself. ?
'A combination of over-regulation and a lousy tax code,' McConnell said.?
Dickerson said he really was trying to ask about 'winners and losers' but moved on. ??
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