Clearly we have a market failure here, which is why we all should be finding a way to make sure we address this issue.

The notion that if we raise rates to be equal to the current levels on labor income, that it would somehow result in this massive withdrawal of investment in the United States, I think is not well founded by the evidence.

If you don't keep this tax break for wealthy people, it's going to somehow hurt other people even when we use those revenues for investments to help everybody.

When a particular group of people gets a better tax break than everybody else, that is the same as transferring revenue income directly to them.

The notion that if we raise rates to be equal to the current levels on labor income, that it would somehow result in this massive withdrawal of investment in the United States, I think is not well founded by the evidence.

The design of our taxation on capital is actually counterproductive.

it is important to have, first of all, some set of rules that apply to everybody and then some capacity to measure whether or not a particular AI system is complying with those rules

If you don't keep this tax break for wealthy people, it's going to somehow hurt other people even when we use those revenues for investments to help everybody.

Thank you, Madam Chair, and before Senator Kennedy goes, I hope he will add chocolate labs to your golden retriever list of things you just cannot be against; so we have one.

it is important to have, first of all, some set of rules that apply to everybody and then some capacity to measure whether or not a particular AI system is complying with those rules

Clearly we have a market failure here, which is why we all should be finding a way to make sure we address this issue.

because a lot of our anti-fraud, anti-market manipulation statutes are built on intent, human intent

We are very focused on that.

When Vladimir Putin and his autocratic regime launched their brutal criminal invasion of Ukraine in February of last year, many people predicted that the Ukrainians would throw down their arms and surrender within days. Mr. Speaker, 18…

We are very focused on that.

It was a failed ideology. The idea that if you give big tax cuts to very rich and very wealthy people, somehow that will trickle down and lift everybody else up, has been a proven failure.

When a particular group of people gets a better tax break than everybody else, that is the same as transferring revenue income directly to them.

It was a failed ideology. The idea that if you give big tax cuts to very rich and very wealthy people, somehow that will trickle down and lift everybody else up, has been a proven failure.