LATEST SENATOR KING
WASHINGTON, D.C. – Today, U.S. Senator Angus King (I-Maine), a member of the U.S. Senate Committee on Budget, released the following statement in response to the tax plan revealed today by the Trump administration:
“My approach on taxes is simple: we don’t need to increase the already too-heavy burden on middle class families but, at the same time, we can’t tax our companies so much that they close up shop and move overseas, taking jobs away from already strapped working families. I’m hopeful that as this plan makes its way through Congress, we can work together on bipartisan ideas to reform the tax code – and consider bipartisan ideas that encourage growth, reduce burdens on the middle class, and don’t add to the deficit – because, after all isn’t a ballooning deficit just a tax burden we’re passing on to our kids?"
Read full press release.