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DeFazio, Eugene mayor, state treasurer to talk Trump tax bill

Representative Peter DeFazio, Eugene Mayor Lucy Vinis and State Treasurer Tobias Read will gather at the Eugene Public Library today to discuss the bill.

Posted: Oct. 16, 2018 7:33 AM
Updated: Oct. 16, 2018 5:29 PM

EUGENE, Ore. -- Representative Peter DeFazio, Eugene Mayor Lucy Vinis and State Treasurer Tobias Read gathered at the Eugene Public Library to discuss President Trump's tax bill.

DeFazio, Vinis and Read discussed what they say is the negative impact President Trump's tax bill is having on state and local economies and how his tax plan is hurting people in the state of Oregon.

KEZI spoke with DeFazio who said 200,000 Oregonians are going to pay three billion dollars more in federal income taxes next year.

"That three billion dollars is going to be transferred to the largest corporations, the wealthiest among us, those who earn more than $500,000 a year, those who have estate worth more than $10 million and a significant portion is going to multi-national corporations,” said DeFazio. “That's not what I think is on the priority list of many Oregonians who are going to be paying more federal taxes to the federal government."

President Trump has said his tax plan will protect low-income and middle-income households, not the wealthy and well-connected.

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