On the recordAugust 12, 2022
Mr. Speaker, far too many things in life just aren't fair. However, one thing should, frankly, always be fair, and that is taxes. What should always be fair is access to insulin, access to clean energy, and relief from the raging energy costs that we see across our country. This historic Inflation Reduction Act is fully paid for by requiring the biggest corporations and the ultrawealthy to pay their fair share. It does so without any new taxes on small businesses or those making under $400,000. I said ``$400,000.'' We can achieve this goal by strengthening IRS enforcement against wealthy tax cheats and closing tax loopholes exploited by the wealthiest few, 150 massive corporations. In opposing these provisions, my Republican colleagues are, sadly, aligning themselves with megacorporations and the ultrawealthy and turning their backs on the American people. I am proud that, with this bill, Democrats are once again putting people over politics, fighting for the American people. I urge full support for this measure.





