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Obstacles Arise To Trump's Massive Tax Reform Plan

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A week has passed since the Trump administration rolled out a unified framework to overhaul the US tax code, and it's already facing pushback from a wide array of Republican lawmakers, as well as outside groups. Republicans in Democratic states are worried about eliminating the state and local deduction, while Conservative budget hawks are concerned about deficit spending and accruing additional debt from the plan. And given that Republicans hold only a slender majority in the Senate, it could spell disaster for the tax plan, and keep it from even reaching Trump's desk. An analysis from the nonpartisan Tax Policy Center released last week showed that the wealthiest 1% of Americans would see a significant majority of the proposal's benefits, rallying Democrats and even GOP critics around an early talking point against the coming legislation, with Senator Rand Paul of Kentucky tweeting that the plan amounted to a break for the rich. http://www.businessinsider.com/trump-... http://www.wochit.com This video was produced by YT Wochit Vote It using http://wochit.com

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Donald Trump tax Republican Party Democratic Party Bob Corker Jeff Denham Mike Crapo Chris Collins Rand Paul Leonard Lance United States Senate Tax Policy Center GOP TPC Salt-N-Pepa Congress Presidency Of Barack Obama Economy Wealth In The United States 10 Years Six 35% 41% Senate Finance President Donald Trump Higher-tax US
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