ted cruz

Sen. Ted Cruz (R-Texas) poured more cold water on his party's own tax reform bill Tuesday, calling a key aspect of the plan a “mistake.”

As House Republicans continue to formally draft the bill in committee meetings all week, Cruz called it a “mistake” that the current plan raises taxes on wealthy states such as New York and California.

"There are some taxpayers who are losing exemptions, particularly in some high-tax states like New York or California that could conceivably be paying higher taxes. I think that is a mistake. I think tax reform needs to cut taxes for everybody,” the Texas senator said to reporters Tuesday.

Cruz, along with Sens. Tom Cotton (R-Ark.) and Rand Paul (R-Ky.), are pushing for language to be included in tax reform that repeals Obamacare’s individual mandate.

“One of the real virtues of repealing the individual mandate, number one, [is] every Republican in the Senate has voted to repeal the individual mandate, 100 percent of us,” Cruz argued.

However, the bill was initially introduced without addressing the individual mandate, and according to the Hill, it's unlikely to appear in later versions. “We’re not going in that direction,” a source said.

Cruz's comments come just a week after House Republicans introduced the Tax Cuts and Jobs Act, which aims to serve as a historic tax cut for middle-class Americans. But Democrats have wasted little time ripping into the new plan.

House Minority Leader Nancy Pelosi (D-Calif.) slammed the bill as a “catastrophic transfer” of wealth to the rich from the middle class.

Be the first to comment!
sort by: latest