Governor Terry McAuliffe to Hold Town Hall on the Impact of the TrumpTax in Virginia

Small Business Owners Meet With Former Governor to Oppose Raising Taxes on Virginia’s Working Families

Event Continues Nationwide Tour Shining a Light on Republican Tax Hikes on the Middle Class

FOR PLANNING PURPOSES: 
Friday, March 23, 2018

PRESS CONTACT:
press@notonepenny.org

FAIRFAX, Virginia — On Tuesday, March 27, at 11:00 AM EST, Governor Terry McAuliffe will join elected officials, small business owners, labor leaders, tax experts, and affected families for a town hall on the TrumpTax’s disastrous impact on Virginia’s working families. The event continues a nationwide tour to shed light on the devastating repercussions of Republican tax breaks for 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 at the expense of working families and small businesses. Moreover, 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 the Commonwealth of Virginia, the impact of the TrumpTax will be highly skewed toward the already-wealthy. Analysis from the Institute on Taxation and Economic Policy shows that the tax cuts in the TrumpTax bill “are tilted dramatically in favor of the richest Virginia residents while the tax increases fall more heavily on lower-income Virginia families.”

After Tuesday’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 Georgia, New Mexico, and Maine.

EVENT DETAILS

WHAT:
Town Hall on the Devastating Effects of the TrumpTax in Virginia

WHO:
Governor Terry McAuliffe
Nicole Gill, Tax March Executive Director
Labor Leaders, Small Business Owners, and Tax Experts

WHEN:
Tuesday, March 27, 2018, 11:00 AM EST

WHERE:
George Mason University
Johnson Center – Bistro
4400 University Drive
Fairfax, VA 22030

RSVP:
Members of the media planning to attend should email Allison Walter at press@notonepenny.org.

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