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Pelosi Promises Tax Reform Overhaul If Democrats Take Control Of Congress

Will this presidential election be the most important in American history?

House Minority Leader Nancy Pelosi (D-CA) promised to overhaul the tax code if Democrats take control of Congress.

Pelosi made the remarks at a town hall event in California.

The Washington Free Beacon reports:

Pelosi said at a town hall that the tax code needs to be completely reformed after Republicans passed their legislation last year, in a clip posted at NTK Network. She was asked whether Democrats would seek to change specific elements of Republicans’ tax law or start from scratch if they won back Congress, and she said they would take a comprehensive approach.

“It’s not about chipping at this piece or that piece, it’s about a comprehensive look at what our tax policy should be for the future,” she said.

Pelosi slammed elements of the bill.

ABC News reports:

Democratic leaders on Wednesday urged voters at a Culver City town hall meeting to join in a rebellion against the Republican plan.

“Over 80 percent of the benefits go to the top 1 percent,” said House Democratic Leader Nancy Pelosi. “Eighty-six million middle-class families will see a tax increase while they advertise it as a middle-class bill.”

Attacking President Trump’s tax cuts is nothing new for Pelosi – she has repeatedly criticized it.

Pelosi is disconnected from the millions of Americans that are seeing and feeling the benefits of the tax cuts.

At an event in West Virginia, President Trump listened to families who thanked him for his effort in reducing their tax burden.

CNN reports:

But the panelists sitting alongside Trump at the roundtable event — a medley of local business executives, employees and regular families — accomplished the White House’s goals, sharing personal stories of tax savings, bonuses and raises they attributed to the GOP tax law.

“Thank you for listening to us, thank you for fighting for us, thank you for caring enough,” said Jessica Hodge, a business administrator, as she broke into tears.

Pelosi promising to undue President Trump’s tax cuts will harm Democrats efforts to take control of Congress.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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