For Immediate Release
"A Disaster for Millions of American Families"
WASHINGTON - This morning, in response to the Senate vote to pass the Tax Cuts and Jobs Act, the Chair of the Patriotic Millionaires Morris Pearl, former Managing Director at BlackRock, Inc., issued the following statement:
“Today’s vote is a disgusting example of what happens when the rich and powerful control all the levers of government. This bill is nothing less than the ultra-wealthy rewriting the rules of the tax system in their favor, irreparably hurting poor and middle class families in the process. It will be a disaster for millions of American families, but because its supporters in the Senate, House, and White House were able to save themselves millions, they don’t care. Each and every Senator who just voted for this bill must share in the blame, as millions of their constituents now face higher taxes and the loss of health care.”
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