On the recordAugust 10, 2021
Mr. President, the Senator from Oregon should have read the 2017 tax bill, and he wouldn't give a speech like that. The Wyden amendment is an example of Democrats on the one hand complaining the wealthy pay too little tax while supporting massive tax cuts for the rich. Nothing in my amendment prevents changes to the Tax Code that would make it more progressive. Capping the SALT deduction as part of the 2017 tax bill increases the progressivity of the Tax Code and allowed for larger tax cuts to the middle class. Undoing the SALT cap would make the Tax Code less progressive and jeopardize middle-class tax cuts that it helped enable. Anyone who supports the wealthy paying their fair share should have supported my amendment and vote no on the Wyden amendment. Vote on Amendment No. 3569 The PRESIDING OFFICER. The question is on agreeing to the amendment.
