I thank the gentleman from Michigan for yielding. You know, I think it is so interesting. We are all coming together, various States, to celebrate these accomplishments and to take a step back: how far we have come in the past year or the past several months where you look back and, basically, there was a national consensus that had developed, and the consensus was nobody liked our Tax Code--I mean nobody. Nobody could defend it because it was absurd. It was so complicated. Those of us who are from the Chicago area, we know that the last time the Tax Code was updated was when the Bears won the Super Bowl, so that is 30 years ago. And yet we have got this Tax Code that had been a complete throwback. The Tax Code was such a throwback that the last time it was updated, 1986, the internet didn't exist, basically, as a commercial enterprise. There was no shared economy, per se. Airbnb, Uber, Lyft, all those things, they didn't exist. Global supply chains were nowhere nearly as connected as they are today, which all begged the question that we needed a Tax Code to update things. Now, here is what was interesting: The hyperbole that surrounded the debate on the tax reform bill as H.R.…
Peter Roskam: “I thank the gentleman from Michigan for yielding. You know, I think it is so interesting. We are all coming together…”
On the recordMarch 6, 2018
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