Tags: john mccain | john thune | tax bill | vote

Sen. Thune: McCain Remains Unknown on Tax Vote

Image: Sen. Thune: McCain Remains Unknown on Tax Vote
Sen. John Thune (AP)

By    |   Wednesday, 29 November 2017 02:29 PM

It's not yet known which way Sen. John McCain will vote on tax reform legislation, Sen. John Thune said Wednesday, but he expects the Arizona Republican will be in favor of the bill in the virtue of its merits.

McCain, along with Maine GOP Sen. Susan Collins, were singled out on Tuesday by former House Speaker Newt Gingrich as the two senators whose votes remain in the air, noted Fox News' "America's Newsroom" host Bill Hemmer, but Thune, R-South Dakota, said many of Collins' concerns have been addressed.

"I hope we're getting her closer to where she will be a yes," Thune said. "She had issues we wanted to see addressed and we were able to help with some of those. I hope we're getting her closer to where she will be a yes."

Thune also dismissed claims that there will be some income groups that will not see their taxes cut, as the Senate bill provides that "every income group" will see lower taxes.

The House bill does differ slightly from the Senate's but in the end, there will be a bill that "ultimately drives most of the assistance to middle income families," Thune said.

He admitted that there may be some "outliers" who have circumstances that will result in a tax increase, but "what we try to do is design it in a way that every family across this country gets the benefit of a doubling of the standard deduction, increase in child tax credit. You take a family of four making a combined income of $73,000, that family will see a tax cut of $2,200 over what they are paying today. And I think that's most of America. There may be rare exceptions."

The plan will also benefit corporations, resulting in even further help for the American economy, said Thune.

"We need to see higher wages in this economy," he said. "You get an economy growing and expanding what we've seen for the past couple of years we are starting to get into a good place. Tax reform can help accelerate the economy and get the good paying jobs created in our economy. That benefits every individual in this country, every American."

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It's not yet known which way Sen. John McCain will vote on tax reform legislation, Sen. John Thune said Wednesday, but he expects the Arizona Republican will be in favor of the bill in the virtue of its merits.
john mccain, john thune, tax bill, vote
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Wednesday, 29 November 2017 02:29 PM
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