Sen. Ted Cruz (R-Texas) and Sen. Bernie Sanders (I-Vt.) will participate in a CNN town hall on October 18th to discuss President Trump’s new tax proposals.
CNN’s Jake Tapper and Dana Bash will moderate the debate in Washington at 9 p.m. ET.
Cruz and Sanders will debate the best way to approach the issue, with Cruz supporting tax cuts for all, while Sanders supports tax hikes on the wealthy. The Senators will also take questions from the audience.
Currently, President Trump wants to reduce the personal income tax brackets from seven to three, double the standard deduction for married and single filers, and slash the corporate tax rate while finally eliminating the estate tax.
Senator Cruz argues that the current tax plan is far too complex, and supports a more simplified version that will ease the burdens on middle class families and businesses.
“We spend about nine billion hours a year wasting time with the IRS,” he said. “The world would be much, much simpler if you and I and everyone else just filled out a postcard.”
The two senators previously debated the future of Obamacare in a CNN town hall, which resulted in Cruz obliterating the socialism-supporting Sanders’ talking points.
According to CNN, the town hall will air on CNN, CNN en Español, CNN International, and will also be available for live stream via CNNgo.