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April 25 2018

Nancy Pelosi Chokes on "Crumbs" Comments

by Patrice Lee Onwuka

House Minority Leader Nancy Pelosi stumbled to explain how it is that tax savings could be "crumbs" when they helped an American family put their son through college, pay off their mortgage, and hire employees for their family business. 

With no good answer, Pelosi pivoted to tired class-warfare rhetoric based on disingenuous data points that even The Washington Post gave two Pinocchios.

A student at Georgetown University confronted Pelosi asking how she could call tax savings for small-business owners like his family "crumbs" when they are enough to do so much good for them. He explained, 

"As the son of small business owners, I know that it’s helped my parents hire more employees. It’s helped us pay off our mortgage, helped put me through college.”

Pelosi said her "crumbs" comment was without full context:

"My statement was really a fuller statement that says while they provide a banquet to the top one percent, they are giving some crumbs to other people.”

Pelosi then went on to demonize the tax cuts saying they were concentrated among the wealthy and just about non-existent for poor and middle-class families. She said, "83 percent of the benefits, to the top one percent. In the life of the bill, 86 million middle-class families will pay more."

Pelosi is once again being disingenuous which is why The Washington Post gave her statistic two Pinocchios.

Here's why:

  1. Pelosi is pretending it is 2027, not 2018. Individual tax cuts are set to expire in about ten years. Then, only 25 percent of taxpayers would get a tax cut and more than 50 percent would receive a tax increase - a great percentage being from the bottom 80 percent of taxpayers (the 86 million figure she refers). Previous tax cuts have been extended and there are already efforts in Congress to vote on extending the tax cuts beyond 2027. 
     
  2. Pelosi ignores that most Americans are getting economic relief today. This year, most taxpayers will get a tax cut. For examplethe nonpartisan Tax Policy Center found that more than 80 percent of taxpayers would get a tax cut, with less than 5 percent getting a tax increase. 
     
  3. Pelosi leaves out that the largest percentage of tax cuts go to the middle class with higher earners are paying a larger share of the overall tax burden. When a Cato tax expert analyzed individual income tax cuts as a percent of total prior law taxes, the tax cuts are smaller for higher income groups with the top 1 percent receiving the smallest percentage tax cuts. 

Pelosi can try to explain away the tax cuts by manipulating dates and data, but Americans should not ignore that tax cuts on the individual and corporate side are helping regular families across the country.

 

Independent Women's Forum is an educational 501(c)(3) dedicated to developing and advancing policies that aren’t just well intended, but actually enhance people’s freedom, choices, and opportunities. IWF is the sister organization of the Independent Women’s Voice.​
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