Political Quotes

On the recordAugust 1, 2012
I yield myself the balance of my time. There are a few undisputed facts. Small business--97 percent of small businesses will receive all of their tax cut. Don't listen to the propaganda to the contrary. Everyone will receive their tax cuts up to $250,000 of income. Don't listen to propaganda that says otherwise. And income over $1 million, for those who have that, would receive under the Republican bill 70 times more than the typical family. And when the two bills are combined, 150 times more than the typical family. Let me say just a word about tax reform, which I favor. It's being used as an argument for inaction. But, look, let's be realistic. No matter who controls the Congress next year, there won't be tax reform until maybe the spring or the summer. So are you going to use that same argument for tax reform, say, in a lame duck against middle-income tax cuts? Or in January, are you going to use the same argument? Are you going to use tax reform as a shield to protect the high-income taxpayer? In a word, the Republican bill is a path to nowhere for middle-income taxpayers. Our substitute is a sure path. Pass it. The Senate already has. The President will sign it. Act now. Vote for the substitute. I yield back the balance of my time.
Said by
Mike Levin
Democratic · California
Source
govinfo.gov
Aug 1, 2012

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