Tags: tax policy center | tax reform | tax bill | republicans

Bipartisan Group Battles GOP Over Tax Plan

Bipartisan Group Battles GOP Over Tax Plan
Speaker of the House Paul Ryan smiles as he talks about the Republicans' proposed rewrite of the tax code for individuals and corporations at the Capitol in Washington, Sept. 27, 2017. (J. Scott Applewhite/AP)

By    |   Wednesday, 04 October 2017 01:05 PM

The bipartisan Tax Policy Center, a joint venture between the liberal think tank the Urban Institute and the Brookings Institution, has drawn ire from the GOP of its analysis of their tax plan, The Hill reports.

Last Friday, the group released a study claiming that the Republican tax plan would favor the rich, up taxes on members of the middle class, and reduce federal revenue by almost $2.5 trillion in the next 10 years.

Republican leaders, including House Ways and Means Committee Chairman Kevin Brady, R-Texas, and Senate Finance Committee Chairman Orrin Hatch, R-Utah, immediately slammed the report.

"Their analysis was a work of fiction that Stephen King would have been proud of," Brady said to reporters on Monday. "In truth, we are driving tax relief to the middle class."

Hatch added Tuesday, "it's odd . . . that the analysis came with a disclaimer that it was expressing only the views of the authors, not the think tank itself. Even more unusual, no specific authors were listed on the analysis, probably because no respectable academic or researcher was willing to have their name associated with something so haphazardly cobbled together."

President Donald Trump's White House also expressed its derision, with press secretary Sarah Huckabee Sanders saying in a statement, "the Tax Policy Center analysis is useless and misleading because the unified framework does not include details that are necessary to determine either the cost or distributional effects of the framework."

Tax Policy Center Director Mark Mazur defended his organization's releasing the study, telling the Hill in a phone interview that the assumptions were based on both the tax plan released last year by House Republicans, and the plan the White House put out in April.

"We feel pretty comfortable that we have something that's consistent with the unified framework and that's directionally correct," Mazur said, noting that "we strive really hard to be a nonpartisan organization."

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The bipartisan Tax Policy Center, a joint venture between the liberal think tank the Urban Institute and the Brookings Institution, has drawn ire from the GOP of its analysis of their tax plan, The Hill reports.
tax policy center, tax reform, tax bill, republicans
318
2017-05-04
Wednesday, 04 October 2017 01:05 PM
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