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Middle Tennesseans voice doubts about tax reform as bill nears vote

Middle Tennesseans voice doubts about tax reform as bill nears vote (Fox 17 News)

President Trump's administration said he wants the new tax bill on his desk by Christmas.

Others in the mid-state, like Senator Bob Corker, said they do not support it.

"This is yet another tough vote," Corker said in a statement on Friday. "I am disappointed. I wanted to get to yes. But at the end of the day, I am not able to cast aside my fiscal concerns and vote for legislation that I believe, based on the information I currently have, could deepen the debt burden on future generations."

Todd and Angela Sharp from Franklin, Tennessee, said on Monday they're hoping for no votes.

"I hope they vote no," Sharp said. "It's a ridiculous bill, and it's not going to help the middle class."

The Sharp's joined a tax reform protest outside Senator Corker and Senator Lamar Alexander's West End Avenue office on Monday. The first major overhaul since the Reagan administration could change everything for all walks, including CPA's and attorneys like Tyler DeWitt.

"It's much more complex, and it's not as black and white as the politicians and the talking heads make it out to be," DeWitt said.

He said once the Senate passes its version, the bill still faces reconciliation in the House. Until then, many questions remain from the Williamson County couple to a mid-state mother with a son with disabilities.

"I don't really understand why they have health care in the tax reform bill," Sharp said. "The ACA was there and saved us from bankruptcy. I own a small business, a lot of those deductions are going away."

Jen Yamin says, "I'm against many aspects of it, including the health care individual mandate removal. That will very much impact my family. We're a single income household. We're scared."

"On one hand, the House version takes away state and local deductions, but it also doubles the standard deduction," DeWitt said. "I am not convinced that we're going to get this thing simplified to where people are filling out their taxes on a postcard as it's been promised."

The Senate was expected to vote on the bill Friday night.

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