I just want to be clear that everybody here understands. Private activity bonds exist because, and solely, because of Federal tax policy.
Editor's note · Context
Capuano emphasizes the dependence of private activity bonds on federal tax policy.
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It is surprising in this day and age that we can have a whole group, several classes of people, being intentionally or even unintentionally paid less, and yet this Government refuses to do anything about it.
I personally think that a lot of the good we are seeing today is the result of the actions we took several years ago to stabilize, secure, and improve the economy and is now working its way through the system.
I have been working with and plan to work with Ranking Member DeFazio and my Democratic colleagues to develop a plan that does attract bipartisan support.
The reason you are not familiar with it is because the Trump Administration stopped it.





