A progressive group is targeting U.S. Rep. John Katko after he voted for the House Republicans' tax plan earlier this month.
Not One Penny, a coalition that includes the Indivisible movement, MoveOn.org and the Working Families Party, unveiled a new television ad campaign that criticizes Katko's vote and the tax proposal. The group cites analyses conducted by two nonpartisan think tanks, the Institute on Taxation and Economic Policy and the Tax Policy Center, that found the wealthiest Americans will receive massive tax breaks and millions of New Yorkers will pay higher taxes if Congress approves the plan.
The group also referred to the Tax Policy Center's analysis of the Senate GOP bill. The think tank estimates that 87 million families earning less than $200,000 a year would pay higher taxes by 2027.
Not One Penny's ad also pans the elimination of several tax credits and deductions, including deductions for medical expenses and state and local taxes. It would also eliminate the ability to deduct student loan interest.
"Congressman John Katko has sold out his constituents in order to line the pockets of millionaires, billionaires and wealthy corporations," said Tim Hogan, a spokesman for Not One Penny. "Working families in New York will see tax increases while wealthy corporations making record profits will see their taxes cut. Simply put, Congressman Katko is rigging the system against his constituents."
The ad is part of a seven-figure campaign funded by Not One Penny. The exact cost of the effort wasn't disclosed.
Katko, R-Camillus, has said he voted for the House tax bill because it would benefit a "vast majority" of his constituents. He reiterated his support for the plan Monday and again said it would benefit most of his constituents, although he couldn't provide exact figures on how many central New Yorkers would receive a tax cut if this bill is adopted.
The House GOP bill passed by a vote of 227 to 205. Katko was one of four New York Republicans who voted for the bill. The others were U.S. Reps. Chris Collins, Tom Reed and Claudia Tenney.
The Senate is drafting its own proposal, but there are at least two GOP senators who oppose the plan. While the two bills have similarities, the Senate legislation would eliminate a key Affordable Care Act provision requiring individuals to purchase health insurance coverage.
If the Senate passes its bill, a joint conference committee will be formed to negotiate a final tax reform measure. Once an agreement is reached, it must be approved by the House and Senate.