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He responded that a Whitman administration would largely benefit the rich.
The centerpiece of Mr. McCain's economic plan is a series of tax cuts that would largely benefit corporations and the wealthy.
The Senate passed a Republican-sponsored bill today that would slash income taxes for 50 million married couples, but President Clinton repeated a veto threat, saying it would largely benefit wealthy couples.
This disparity, which would largely benefit Republican-leaning states, would be exacerbated if Congress decided to extend to other states a deal that the Senate gave Nebraska to fund the entire cost of covering newly eligible people.
The question has long bedeviled analysts on the left, troubled that people who would largely benefit from a more robust government seem so often to vote for right-leaning politicians eager to cut federal programs to pay for tax cuts for the rich.
Hours before the bill was passed, Sen. Ted Cruz (R-Tex). introduced an amendment that would allow parents to use a special tax-free college savings account to pay tuition for private K-12 schools, a provision that would largely benefit wealthier families who can already afford private schools.
Similar(42)
And his call for repealing the alternative minimum tax, while it would still help some middle-class taxpayers, would still largely benefit the wealthy: some 80percentt of the benefit would go to the top 10percentt of earners, according to the Tax Policy Center, a nonpartisan research group in Washington.
Sen. Ron Wyden (D-Ore). said that even if the top tax rate was preserved, the Trump tax plan would still largely benefit the wealthiest, and that it was "just absurd" to believe otherwise.
Trump's plan, while less ambitious than the version he released in 2015, would still largely benefit high-income households and result in a substantial boost in the federal debt.
Finally, we argue that while most, if not all, of our proposed adaptations would be made to largely benefit the elderly, they will nevertheless support and improve driving across all age groups.
The Republican plan would weaken Medicare and largely benefit the young and rich at the expense of the old and poor.
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