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New York Magazine, February 2, 2017: The GOP’s Corporate Tax Reform Would Raise Taxes on Poor People

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“With Republican lawmakers and Walton family money behind them, it shouldn’t be hard for Democrats to make the idea of cutting taxes on corporations — and raising them on the poor and working class — an unpopular one.

But without the BAT, the GOP’s tax plan will add to the deficit. And if their plan adds to the deficit, then they can’t pass it through the reconciliation process without putting a ten-year expiration date on it (which is what killed the Bush tax cuts).”

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