this bill is not burden-free. This is who bears the burden: 36,000 to 50,000 individuals who took a deduction for carried interest, less than two-hundredths of a percent of the taxpaying population, and what was their combined income in the last year? Mr. Speaker, it was $935 billion. That is who will bear the burden. When Mr. Van Hollen and I came to the Congress, here's who bore the burden every time they brought tax bills to the floor: college students who were pushed into paying higher loans, families on Medicaid who were pushed into paying higher premiums, people who were pushed into having their benefits taken away when they need them, and soldiers who lost the earned income tax credit for some of their families. Under this majority, the people who bear the burden when we have to make difficult choices will not be the people who are working and sustaining this country day in and day out. Yes, someone will bear the burden; a very, small narrow category of the super-rich.
Editor's note · Context
Discussing the implications of a tax bill and its impact on various groups.
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