Political Quotes

“I'll come to the future, but I'd like to add one to the past, and that is, in the legislation that we passed last December, without any Republican votes, there was a provision that gave to every business in America the opportunity to immediately write off, against their taxes, 100 percent of a capital investment. So if they wanted to expand their business they could write off immediately, not depreciate over several years, but immediately. Not a Republican vote for that. There was also in that piece of legislation, actually in a previous piece of legislation, a tax provision, one of the things we talk about here on our agenda, that would eliminate a tax break that American corporations had when they offshored a job. When they sent a job offshore, American corporations received about $12 billion in tax breaks every year. Well, what's that about? We eliminated it. Again, we had no help from our colleagues on the Republican side. So our agenda started way before this year. We're going to carry it forward with your leadership. And we've got an agenda here of seven different elements in that, tax policy being one of them. Thank you so much for your leadership on all of this.”