Stabenow Statement Following Meeting at White House on Republican Tax Proposal

WASHINGTON, D.C. – U.S. Senator Debbie Stabenow (D-MI) released the following statement after meeting with President Trump and other members of the Senate Finance Committee to discuss the Republican tax proposal:

“I support tax reform that simplifies our tax code, puts more money back into the pockets of hardworking families and small business owners, and spurs job creation in Michigan.  During today’s meeting, I expressed concerns that the Republican tax proposal would give 80% of the benefits to the top 1% percent, take away important tax incentives for Michigan manufacturers and small businesses, and add to our nation’s deficit.  I told President Trump that instead of spending over $1.5 trillion on tax cuts for the wealthy, we should work together to stop tax breaks for companies that ship jobs overseas and give middle-class families a bigger tax cut.”