WASHINGTON, Sept. 27 – Sen. Bernie Sanders (I-Vt.) issued the following statement after President Donald Trump and Republican congressional leaders released their plan for tax reform Wednesday morning:

“At a time of massive wealth and income inequality, President Trump’s tax plan is morally repugnant and bad economic policy. The last thing we should be doing right now is providing hundreds of billions in tax breaks to the wealthiest people and most profitable corporations in this country. It is particularly obscene to repeal the estate tax that would provide a $269 billion tax break to the top 0.2 percent. Instead of giving more tax breaks to billionaires who don’t need it, we should be doing everything we can to rebuild the disappearing middle class.”