If you're looking for a way to reduce federal debt, and bring jobs and investment back to America, removing a tax scam that rewards offshoring is an obvious solution.
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Thank you, Chairman Bentz and Ranking Member Huffman, for holding this legislative hearing, and for inviting me to testify in support of H.R. 6235, the Harmful Algal Bloom and Hypoxia Research and Control Amendments Act.
I would also ask unanimous consent to enter into the hearing record a letter to the Subcommittee from the Congressional Sportsmen's Foundation in support of H.R. 897 and H.R. 3925.
The Billionaire Policy now is really built on three words really ending, buy, borrow and die
$550 billion according to Joint Committee on Taxation, by effectively ending buy, borrow and die.
If he wants to make a billionaire income tax a bipartisan bill, I'm all in.
What we're trying to do is use this year to the greatest extent possible for helping people, and then to tee up for 2025.
I think there are other things in the tax code that raise a lot of revenue
It seems to me that there's a profound sense of the system being rigged, which increases cynicism in America.
America can't compete with a zero percent tax rate in some offshore tax haven.
The idea that tax policy could incentivize further outsourcing is absolutely atrocious.
When multinationals make a great tax escape, everyone else must pay the price.
Well, I sure would like to see ordinary Americans benefit rather than more tax policy directed to make the wealthy wealthier.
The Trump tax law slashed the corporate tax rate from 35 to 21 percent. And but that didn't trickle down to ordinary people.
If you're looking for a way to reduce federal debt, and bring jobs and investment back to America, removing a tax scam that rewards offshoring is an obvious solution.
These offshore loopholes add hundreds of billions of dollars to the deficit every year.
We can pretend that nothing's changing, but the facts are otherwise.