Political Quotes

“I thank the gentlewoman so very much for joining us. She asked a little bit about the health care. I am going to do this very quickly, then I want to turn to my colleague from the State of Arizona (Mr. O'Halleran). Under TrumpCare, or Ryan-TrumpCare, as I would like to call it, these huge tax cuts for millions of families, let's just focus on that for a second. It is the largest shift of wealth from the working men and women of America, poor and up through the middle class, to the wealthiest that has ever occurred in any tax break. The Reagan taxes, you name the taxes, including the Bush W. taxes, this is the largest single shift of wealth. It is well over $300 billion in the next 9 years. As I have said before, the 400 wealthiest families, as I said, four of whom are now the President and three in the Trump cabinet, will get over $7 million a year in reductions in their taxes. In addition to that, the top one-tenth of 1 percent will receive over--well, nearly a $200,000 reduction in their taxes. That is the top one-tenth of 1 percent. Beyond that, $300 billion will go to the wealthy. The top 20 percent of Americans will get 75 percent of the tax breaks. The remaining 80 percent of Americans will then share the remaining very small percentage. So it is part of this enormous shift of wealth, and this does not take into account the fact that Americans are going to pay a whole lot more for their insurance.…”