Watson Coleman Condemns House Republicans' Passage of Disastrous Tax Legislation
Today, Congresswoman Bonnie Watson Coleman (D-NJ) released the following statement today on the passage of H.R. 1 — Tax Cuts and Jobs Act:
“Today, Congressional Republicans dropped deficit and devastation on the doorsteps of millions of Americans. H.R. 1 makes an irresponsible bet on trickle-down economics by providing billions of dollars in tax cuts to the nation’s wealthiest and multinational corporations and reaching deep into the pockets of the middle class to pay up.
Hardworking middle class New Jersey taxpayers will see limits on the state and local tax deduction and will no longer be able to deduct medical expenses. On the House floor I watched my colleagues vote yes to tax hikes for 36 million middle class families, 25 billion dollars of Medicare cuts next year alone, and the addition of$1.5 trillion in debt for our children to pay. In particular, by limiting the ability of New Jersey families to deduct state and local taxes, this bill is a direct attack on our state that already pays a disproportionate amount of federal taxes. I refuse to support legislation that will so blatantly damage New Jerseyans, working families, small businesses, our nations’ veterans, the sick and a host of other constituencies that elected us to work in their best interests. Donald Trump, propped up by my Republican colleagues, has delivered an early Christmas gift to his wealthy family members, friends and big corporations.
By voting no on this bill, I continue to stand with the best interests of New Jerseyans, teachers, veterans, small businesses, the sick and those who are simply trying to make ends meet.”