(Bloomberg) -- Senator Claire McCaskill, a Missouri Democrat who found her way into President Donald Trump’s crosshairs last month as he campaigned for a tax overhaul in her home state, returned the favor Tuesday.
Related: Group health plans on the table as Congress addresses tax plan
During a Senate Finance Committee hearing, McCaskill focused in on part of the Republican tax framework that would cut the tax rate on partnerships, limited liability companies and other so-called “pass-through” businesses to 25 percent -- down from a current top rate of 39.6 percent.
She also cited economic statistics that almost 9/10 of the benefit from the pass-through cut would benefit the top 1 percent of taxpayers by income.
“And I guarantee you: Anybody who looks somebody straight in the eye and says, ‘This is not going to benefit me’ -- that has hundreds and hundreds of LLCs -- is just lying to the American people,” McCaskill said. “Flat-out lying.”
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