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>> {BLANK_AUDIO] A blow to Republican hopes of overhauling the US tax code. GOP Senator Ron Johnson on Wednesday declaring he would vote against a bill, claiming it unfairly benefits corporations at the expense of other businesses.>> I wouldn't vote for this Senate version. Bottom line, there's a real problem here in terms of the ethical treatment of past remedies.
>> With 52 members in the Senate and solid Democratic opposition to the plan, the GOP can afford to lose no more than two votes. Other Republicans in the Senate have raised issues with the bill. Arizona's Jeff Flake has warned about its effect on the deficit. And Maine's Susan Collins criticized a move to repealing a key provision of Obamacare in the tax bill.
Democrats say the tax plans amounts to a massive giveaway to the wealthy and to US corporations. They point to analysis showing millions of Americans could end up paying more in taxes because the overhaul could eliminate popular tax deductions. A Reuters/Ipsos poll found that just 28.5% of Americans say they support the Republicans' tax reform plan.
45.5 say they oppose it. Over a quarter of Americans say they don't know. President Donald Trump has been beating the drum for a major tax overhaul. After plans to repeal the Affordable Care Act, he has yet to deliver a major legislative victory. The plan faces a major test Thursday, when the House of Representatives will vote on their version of a bill.
While some Republican representatives voiced objections to the plan, party leaders say they're confident the bill will clear the House.