Leading Democratic Congressman Steny Hoyer revealed his party’s plan Tuesday to “unravel” the GOP tax cuts should they retake the House this November; saying left-wing lawmakers plan to “raise revenue” through higher tax rates.
The Democratic Whip was speaking with CNBC when he was asked whether the liberal legislators would repeal the GOP tax cuts if they seize control of Congress after the 2018 midterm elections.
“If the Democrats win the House in November, what would you do to try and unravel or change the tax law?” asked Rebecca Quick.
“We want to invest in growing jobs. We talk about infrastructure, that’s one way to do it. We talk about jobs skills for the 21st century, that’s another way to do it,” said Hoyer.
“Is that raising the tax rates again on the highest income earners?” she pressed.
“I think certainly we’ll look to raise revenue as opposed to just creating more debt,” confirmed the liberal leader.
Watch Stoyer’s comments above.