On the recordNovember 16, 2017
Mr. Speaker, I yield myself 4 minutes. Mr. Speaker, this is a historic moment, but, most importantly, it is a missed opportunity. Mr. Speaker, we are taking the proposal of the Republican Party today and the financial architecture of our revenue system, based on their request, to the casino. Their argument is premised on one thing today, and one thing only. Maybe. But what about maybe not? This could have been done between the two parties, as we requested and wanted to do. In 1986, 450 witnesses offered testimony on tax reform, thirty hearings were held, and the Secretary of the Treasury attended most of them. The two parties found commonality in reaching an accord that was well received by the American people. What we are being asked to do here today is to raise taxes on 36 million middle class Americans. The previous speaker, my friend from California, a quarter of the households in his district claim the State and local tax deduction, with an average of $10,000 per family. $10,000. So they are going to tell you today that they are giving you this and they are giving you that. Take a look at the distribution tables. That is the most certain opportunity for people to examine precisely what is in this legislation. A gentleman earlier this morning was heralding Alzheimer's month. They give Alzheimer's a tax during Alzheimer's month.…





