Washington, DC – Today Marco Rubio released his tax proposal. Instead of offering anything new, the Rubio plan calls for more of the same failed, trickle-down fiscal policies of which the American people have grown tired and deserve better. In response to Rubio’s plan, DNC Chairwoman Debbie Wasserman Schultz issued the following statement:
“At every opportunity, Marco Rubio jumps at the chance to pander to the extreme base of the Republican Party. Rubio’s tax plan shifts the burden onto working Americans and those hurting the most while propping up the very rich and offering tax breaks for corporations. To top it off, Rubio’s plan would increase the annual deficit. Rather than propose a serious fiscal plan that aims to grow the middle class and expand opportunity for all Americans, Marco Rubio has assembled what amounts to a GOP donor wish list. Marco Rubio isn’t fooling anyone. If he seriously intends to be a fresh face for the Republican Party, then Rubio needs to go back to the drawing board and try again.”
Here are a few examples of how the Rubio tax plan would prop up corporations and the very rich at the expense of working Americans and those hurting the most:
- Cuts taxes for those at the very top while raising them for people at the bottom
- Calls for tax breaks for corporations
- Eliminates taxes on capital gains
- Previewing his plan in front of Club for Growth, Rubio stated “If I got to start our country over from scratch, I would either have a flat tax or a consumption tax.”