California Governor Jerry Brown warned GOP of voters’ revolt in 2018 and 2020 elections because of its tax reform bill.
In an interview with Bloomberg, Gov. Brown said the middle class will not benefit from GOP tax reform bill. He said the legislation, which is under deliberations, prioritized the interests of corporations and the wealthy. The governor also emphasized that the bill will increase the national debt.
Gov. Brown said, “Who’s to say that the rich need more money right now? If you give them more money, what are they going to do with it? Are they going to put it to work in Michigan and Ohio and Pennsylvania, all the people that voted for Trump? I think there’s going to be a rude awakening when people wake up and say they were misled.”
GOP tax reform bill a step closer to Trump’s desk
He made the statement a day after the House of Representatives passed the Tax Cuts and Jobs Act last week. The legislation will reduce the corporate tax rate to 20% and lower the tax rates for many individuals. It doubles the standard deduction for individuals and married couples. The bill caps the state and local tax (SALT) deductions to $10,000.
