Alison Grimes on Tax Reform

	Alison Grimes on Tax Reform

Close tax loopholes for wealthy to pay for college loans

Grimes received a boost from a leading Democrat who is also taking on Republican Mitch McConnell across the country. Sen. Elizabeth Warren of Massachusetts visited the University of Louisville to stump for Grimes and reform efforts of the country's student loan system.

McConnell slammed the proposal as a tax increase because it was paid for by closing tax loopholes for Americans earning over $1 million annually. Warren has made a personal mission of targeting McConnell, Grimes' opponent, since he successfully blocked her bill aimed at cutting student loan rates earlier this month. "McConnell said when you got a choice between billionaires and students, it's more important to protect the billionaires," said Warren. "We fell two votes short. If you send us Alison Grimes instead of Mitch McConnell, you change the world."

The chair of the UofL college Republicans said, "Alison Grimes is using Warren's failed student loan bill, which relies on raising taxes on Kentucky's job creators by 30%."

Source: WFPL coverage of 2014 Kentucky Senate race , Jun 29, 2014

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