Senate Majority Leader Mitch McConnell (R-KY) acknowledged “that the Republican tax plan might result in a tax hike for some working Americans, saying he ‘misspoke’ days earlier when he said that ‘nobody in the middle class is going to get a tax increase’ under the Senate bill,” the New York Times reports.
Said McConnell: “I misspoke on that. You can’t guarantee that absolutely no one sees a tax increase.”
“The Senate bill unveiled on Thursday would raise taxes on millions of middle-class families, according to a preliminary New York Times analysis. The plan would also disproportionately benefit high earners and corporations. Still, middle-class earners would fare better under the Senate proposal than its counterpart in the House.”