On the recordApril 17, 2018
Mr. Speaker, as the corporations, the wealthy, and the well-connected enjoy lavish tax cuts, while retaining the ability to avoid paying any taxes whatsoever because of the many tax loopholes still in the Tax Code, millions of low- and middle-income Americans work diligently to complete their tax returns today. The Republican tax scam has made the rich even richer, while economic inequality in America has gotten a whole lot worse. Sadly, most Americans say they have seen no change in their withholding taxes. While the wealthy are reaping massive windfalls from the giveaways in the GOP tax scam, the nonpartisan Congressional Budget Office estimates that this tax scam will cause the annual deficit to soar to over $1 trillion in 2020, and an additional $3.4 trillion will be added to the national debt over the next 10 years. Ending deficit spending and reducing the Federal debt is what Republicans have always claimed they were about, but we see now, with Republicans in total control, that they have misled us. It is time to put this scam to bed, Mr. Speaker, and bring new order to this House. Shame on the Republicans. ____________________





