Sen. Bernie Sanders on Wednesday ripped the Republican tax-reform plan as a “terrible proposal” being “paid for by the billionaire class who control the political process.”
“It’s a bad idea,” Sanders, the Vermont Independent and 2016 Democratic presidential candidate, told Anderson Cooper on CNN.
It’s going to throw 13 million Americans off the health insurance they currently have, including about six million people on Medicaid.
“It’s going to raise premiums by about 10 percent for ordinary Americans.”
Sanders attributed both plans to GOP’s effort to “give huge tax breaks to corporations and make them permanent.
“What this whole business is about is the power that big money has in American politics, as a result of our corrupt campaign-finance system.
“Billionaires and millionaires have brought hundreds of millions of dollars into the political process, supporting Republican candidates — and today is payback time for them.
“Huge tax breaks for the rich, huge tax breaks for multinational corporations,” Sanders said. “Meanwhile, at the end of 10 years, tens of millions of American families in the middle class are going to be paying for more taxes.”
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