On the recordMay 12, 2025
one big, beautiful tax cut for billionaires.
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cbsnews.comone big, beautiful tax cut for billionaires.
Neal criticizes the Republican tax proposal as favoring the wealthy.
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It ballooned the deficit by $1.5 trillion, and the bill never paid for itself.
I remind everyone every single Republican in Congress voted against the Inflation Reduction Act and against funding for the IRS to do its job.
Millionaires and billionaires need to pay their fair share. I think everybody will agree up here.
The answer is to bake a bigger pie so that people can participate, and I am all in on that suggestion.