Political Quotes

John Yarmuth: I would ask my colleagues from the other side of the aisle why did they write them into the law? Because these are…

On the recordDecember 2, 2010
I would ask my colleagues from the other side of the aisle why did they write them into the law? Because these are Republican tax hikes that we are dealing with, trying to decide what makes sense from a fiscal standpoint and from a fairness standpoint. I love the fact that people talk about job-killing tax hikes as if every small business is going to make a decision based on what their personal tax rate is. I come from a family of small business people. My father was a small businessperson who built a very large company. I have two brothers who are small businessmen. I have a sister who is a small businessperson. I ran a small business. Not one of us ever made a decision about what we would do in our business based on whether a few more percentage points would come out of our net income, particularly when we're dealing with people who are mostly making millions of dollars a year. He said, you know, if nobody can afford barbecue, it doesn't matter what my tax rate is.
Said by
John Yarmuth
Democratic · Kentucky
Source
govinfo.gov
Dec 2, 2010

Editor's note · Context

Speaker Yarmuth discusses the impact of tax rates on small businesses and the misconceptions surrounding job-killing tax hikes.

Share

More from John Yarmuth

Jun 13, 2022

The child poverty rate dropped nearly 40 percent from 2020 to 2021.

congress.gov
Jun 13, 2022

We have 2 million people in the United States, 2 million people who should be getting Medicaid coverage that provides comprehensive coverage including mental health coverage, acute, and long-term care, they should be getting Medicaid and…

congress.gov
Jun 13, 2022

But temporary measures can't solve permanent problems.

congress.gov
Jul 19, 2022

If every life were truly sacred in this country, we wouldn't be having a hearing about programs to keep mothers and their children healthy, fed, and cared for, we would be fully funding them.

congress.gov

Other voices in this conversation