Congresswoman Sheila Jackson Lee to Hold Houston Town Hall on the Impact of the TrumpTax in Texas
TrumpTax Delivers Billions to Corporate Executives and Wealthy Shareholders While Middle-Class Texans are Left Behind
Event Continues Nationwide Tour Shining a Light on Republican Tax Hikes on Middle-Class Families
HOUSTON, Texas — On Saturday, March 10, at 2:00pm CST, Congresswoman Sheila Jackson Lee will join small business owners, tax experts, and affected families for a town hall on the TrumpTax’s disastrous impact on Texas’s working families. The town hall continues a nationwide tour to shed light on the devastating repercussions of Republican tax breaks for millionaires, billionaires and wealthy corporations at the expense of working families.
The fallout from the TrumpTax will be devastating, with The Tax Policy Center finding that 92 million middle-income families across America will pay more in taxes, while the richest 0.1 percent will get a nearly $150,000 tax break. Moveover, millions of Americans will see a 10 percent increase in health insurance premiums and our commitment to Medicare, Medicaid, and Social Security will be undermined.
In Texas, the impact of the TrumpTax will be highly skewed toward the already-wealthy. According to a study by Angelou Economics of Austin, the richest Texans will see a tax benefit while 95 percent of Texas families will see an overall increase in their tax burden, leading to a statewide economic loss of $3.4 billion. Houston oil companies will receive the windfall of the tax benefit and will likely use that reward to line the pockets of shareholders.
After Saturday’s event, the 100-day tour will continue hosting events around the country, featuring senators, congressional representatives, local elected officials, and people affected by the law. The tour will continue with stops in Pennsylvania and New Jersey.
Saturday’s event is free and open to the public.
Town Hall on the Devastating Effects of the TrumpTax in Texas
Congresswoman Sheila Jackson Lee
Elle Church, Tax March Houston
Saturday, March 10, 2018, 2:00 PM CST
Houston Public Library — Central Branch
4th Floor Program Space
500 McKinney St.
Houston, TX 77002
Members of the media planning to attend should email Allison Walter at email@example.com.