Tax Reform Myth Busting

Myth: Sen. Elizabeth Warren (D-Mass.) claims that "one group of economists after another have looked at this bill and it won't do a darned thing." Fact: 137 economists said, "Economic growth will accelerate" under the Tax Cuts and Jobs Act. Myth: In a deleted tweet, Sen. Kamala Harris (D-Calif.) claims that "On average, middle class families earning less than $86,000 would see a tax increase …" Fact: The Washington Post gave her "Four Pinocchios" and said, "Actually, it's the opposite. Most families in that income range would get a tax cut." Myth: Sen. Chuck Schumer (D-N.Y.) claims that tax reform is "kicking 13 million people off health insurance to give tax cuts to the wealthy." Fact: The Washington Post says, "inaccurate." This bill only repeals the individual mandate's penalty, which means Americans will no longer be forced to buy insurance they don't want or can't afford.