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FEATURE NEWS

Top Republican New York fund-raiser quits over GOP Tax Reform bill
Calls it a disgrace

November 15, 2017



TAX REFORM STORY

(NEW YORK, N.Y.)  --  Critics of the tax reform bill put together by Republicans in Washington with no public hearings have complained that the bill is a travesty and will simply enrich the rich and make the middle class in this country poorer.

Former US Labor Secretary Robert Reich claims the bill is actually a classic Trojan Horse trick "that will pave the way for deeper cuts to education, health care and other programs."

The real goal of this tax reform plan, claims Reich and others, is to pull off a huge redistribution of wealth -- over a Trillion dollars from the pockets of the middle class, working class and poor to the designer pockets of the rich.

Now a top Republican fund-raiser in the state of New York has quit his position in the state’s Republican Party because of that tax reform bill.

Steve Louro, who has served as a regional finance director for New York’s Republican Party, quit the position Tuesday, according to The New York Times.

During an interview with the newspaper Louro blasted the bill, calling it ”a disgrace.”

“The bill that’s going to get passed is not going to take care of the American people,” Louro told The Times. “It’s a disgrace. It’s going to hurt a lot of middle-class Republicans," he said.

Louro once hosted a fund-raiser for then-candidate Donald Trump and has previously been a supporter of Republican candidates.

According to a report  earlier this week by TheHill.com, "GOP leaders are trying to gear their sales pitch toward middle-class families. But multiple analyses of the legislation have found that some families could see a tax hike, while other proposals in the bill like eliminating the estate and alternative minimum taxes would result in an expected windfall for the ultra-wealthy. "






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