Political Quotes

“today we are debating legislation that will dramatically reshape the American economy. It was written, and continues to be rewritten, in secret by only one party. It didn't have to be this way. Done right, this process could have had broad bipartisan support. We could have passed tax legislation that is fair, simpler, and fiscally responsible. We could have passed tax legislation that is truly focused on middle-class families and raising their wages. Instead, we have a bill that fails dramatically on every single one of these principles. This bill fails in so many different ways that I think it is helpful for us to talk about each myth that is being told. First, let's dispense with the myth that this is a middle-class tax cut. The bill makes dramatic, permanent cuts to corporate taxes while making very small, temporary changes to the taxes middle-class families pay. According to the Joint Committee on Taxation, for many working families, the tax changes are less than $100 per year or, more simply put, about $2 a week. That is not a middle-class tax cut. That is a myth. The second myth we hear is that corporate tax cuts in the bill will trickle down and raise wages for average workers. If that were true, we would probably hear some of the CEOs delivering the good news to their hard-working employees, but it is not. It is not true. It is a myth. We know this because the CEOs themselves are telling us what they will do.…”