GOP Tax Scam Hurts Alaskan Families

In response to Rep. Don Young and House Republicans voting to pass the GOP tax plan, DNC spokesperson Vedant Patel released the following statement:

“Rep. Don Young and his House Republicans voted today to increase taxes on middle-class families – and provide massive giveaways to billionaires and wealthy corporations. The GOP tax plan is full of hidden hits to middle-class Alaskan families and leaves a massive hole in the federal deficit, hurting our ability to invest in programs working families rely on. No matter what they’ve said before about helping all Americans, House Republicans like Rep. Don Young are throwing working families under the bus by supporting a tax plan that makes drastic cuts to Social Security, Medicare, Medicaid, education, and other programs Alaskans rely on every day, just to pay for permanent tax cuts for the wealthiest and corporations. Democrats know that our elected officials are supposed to serve the people they represent. That’s why we will continue fighting for the economic security and opportunity every family deserves.”

By the Numbers:

  • The richest 1% of Alaska taxpayers will receive up to 39% of the tax cuts under House Republican plan.
  • The richest 1% of Alaskans will receive an average tax cut of $58,730, about 210 times more than what the average middle income family would get.
  • 11% of middle-income taxpayers in Alaska would even see their taxes go up, by $600 on average.
  • College students in Alaska will also be hurt, because the House tax scam makes student loans more expensive. 30,608 graduates in Alaska take advantage of the student loan interest deduction House Republicans want to eliminate, saving $1,027 on average.
  • Alaska’s seniors will find it harder to save for retirement or cover their medical bills. In fact, the House GOP tax scam would take away all Alaskans ability to deduct their medical expenses. 11,934 Alaska residents deducted their medical expenses in 2014, saving $11,433 on average.