Political Quotes

“Mr. President, I join my colleagues on the floor today to point out that 2 years ago, we had an opportunity in the Congress to reform the Tax Code. The Tax Code, basically, was the one enacted in 1986. In 2017, we had an opportunity to reform that Tax Code, and that opportunity was missed. What the Republicans did, instead of engaging in a truly bipartisan process that would have used the expertise of all Members of Congress, they went on a partisan mission in order to help big corporations and wealthy taxpayers at the expense of middle-income taxpayers and fiscal responsibility. As a result, our children and grandchildren will pick up the tab for this bill, and those who are going to benefit will not be middle-income families. They are the losers. The ones who are going to benefit will be big corporations and wealthy taxpayers. Let me just talk about some things that should be the basic ingredients for tax reform. First, it should be fair to the taxpayers of this country. The tax bill that was enacted 2 years ago was certainly not fair. It failed in that test. As I pointed out, who benefited? Large corporations benefited dramatically by this bill, but they said: Look, we will pass it on to the workers. Yet did they pass it on to the workers? In 2018, $1.1 trillion was used to repurchase stock to make the wealthiest even wealthier, and it did not go to the benefit of the workers.…”