Rich Neal: “I have no further speakers, and I yield myself the balance of my time. Mr. Speaker, we have heard this discussion back…”

“I have no further speakers, and I yield myself the balance of my time. Mr. Speaker, we have heard this discussion back and forth tonight about tax relief for the middle class; and we have heard the other side say that you are going to get $1,189 for a family of four, I think, making $59,000 a year. But what they don't say is that they are going to take away the State and local tax deduction; they are going to take away the ability of children to deduct interest payments on student debt; that they are going to shave back the mortgage interest deduction; get rid of the historic tax credit; that they are going to get rid of new markets tax credits. And here is the best one of all: as champions of the middle class they are, they are going to repeal the estate tax. The gentleman from Pennsylvania, who is my friend, said that we need to stop talking about wealth. Well, how about approaching it this way? We are wealthy and we are not going to take it anymore, because that is essentially what this argument is about. When you look at the distribution tables as to who gets what in this tax proposal, the concentration of wealth at the very top is highlighted time and again.…”