On the recordMay 12, 2021
So I don't disagree with what Senator Sanders said in terms of policy that needs to be debated, but a classic tactic when you are focusing on how you are going to pay for something is to change the subject. And whatever you think about what happened over in the House of Representatives, whatever you think about the other issues, this is about being honest with future generations and where has that worked and been a good end result. When it comes to some of the taxation part of it, that is a smokescreen because even if you raise all the revenue they are talking about with those taxes--and I am a believer that corporations should pay their fair share. Multinationals that flatten their tax rate, that is different from many C corps, many corporations. But the dishonesty in that argument is that you couldn't cover even 20 percent of our existing structural deficit. So you need to be honest. If you want to do this, ask your kids, ask your grandkids if they are willing to put that burden on them. And there is no theory out there, other than this which is being used as a current rationalization, that would make that ever have a pleasant outcome.
Source
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