Mr. Speaker, I just have to say that it is almost like Alice in Wonderland on the floor of the House, or perhaps it is like the Ringling Brothers Circus where we are in the well here, and the audience is all watching us and the animals and the elephants and donkeys and everyone else. What we are really talking about here, this is not going to have any impact on the stock market. This legislation does not even take effect until 2011, 2011. That is what is so ironic, and our substitute, which is the same thing, would handle everything that the gentleman from Wisconsin, the previous speaker, was talking about. We take care of IRAs, we take care of 401(k)s, we do something on the 415. All that is in our bill. So vote for our bill, and we could take care of all kinds of things, but they did not want to do that. What is really ironic, it will not have any impact until 2011. On the other hand, when we talk about Enron Corporation and the fact that 100 Enron executives took $330 million just before they filed bankruptcy, when we talk about companies going offshore to Bermuda, setting up a post office box, still having all of their work in the United States, but saving hundreds of millions of dollars in taxes, we want to close that loophole, they say we are being political. They say, well, we are being political. I have to say that I think we are trying to address the real problems of America.
Doris Matsui: “Mr. Speaker, I just have to say that it is almost like Alice in Wonderland on the floor of the House, or perhaps it is…”
Editor's note · Context
Discussing the impact of legislation and corporate tax loopholes during House debate.
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