Pelosi Calls Ad Saying She’ll Raise Taxes ‘Accurate’

May 8, 2018

House Minority Leader Nancy Pelosi (D., Calif.) said Tuesday that she seeks to raise taxes if Democrats take back the House and make her the speaker.

Politico’s Jake Sherman asked Pelosi about a new ad from the National Republican Campaign Committee in which Pelosi is quoted criticizing the GOP tax cuts passed at the end of 2017.

"It said that you would like to institute a single-payer health-care program and raise taxes — I think they mean roll back the tax cuts that they passed this year," Sherman said. "Is that true?"

"Well the second part there is accurate," Pelosi replied with a laugh. "I do think that we should revisit the tax legislation in the way that we always have, in a bipartisan, transparent way."

Pelosi argued that Democrats ought to roll back the tax cuts in a way that would be "unifying to the country."

The NRCC ad highlights Pelosi’s ambition to return to the speakership and her desire to roll back the Republican tax cuts. President Donald Trump signed the tax legislation in December, cutting tax rates for corporations and almost all American households, but Pelosi and Democrats have dubbed it the "GOP tax scam" that mostly benefits the rich.

The NRCC released the ad Monday, and its Communications Director Matt Gorman said he loved having Pelosi as the leader of the House Democrats.

"Every day I wake up, I thank my lucky stars that Nancy Pelosi is leading House Democrats," Gorman said. "The NRCC is absolutely thrilled she announced her intention to reclaim the Speaker’s gavel next year."