Mark Dayton: “This amendment would end the phony practice of making tax cuts phase in, phase out, appear, and reappear like popups on…”

“This amendment would end the phony practice of making tax cuts phase in, phase out, appear, and reappear like popups on a computer screen and say any new tax provision must take full effect 1 year after enactment and remain in effect until changed by a subsequent Congress. The revolving sunset makes a mockery of tax policy and of the Senate. Businesses and individual taxpayers cannot make prudent decisions when the Tax Code changes with every new year or new budget resolution. This gimmickry is fictional and farcical, and it makes the Senate look foolish and foolhardy. We owe the American people and we owe this great institution something better than that. I urge my colleagues to support the amendment. I yield the floor.”