On the recordNovember 2, 2011
I thank the gentleman again for his leadership. I just want to mention too, you had mentioned all the authors of this bill that are trying to repeal this onerous tax. There are actually 204 Members now, Mr. Speaker, that want to repeal this tax, bipartisan support. The amount of money this tax is expected to raise is actually equal annually to the amount of money that's invested in the industry every year. So it is a very wrongheaded move. One of the first coauthors of this bill that would repeal this tax and who, I think, recognizes the importance of this industry is my friend and colleague from Pennsylvania. I yield to him and thank him for his leadership and for being a part of the caucus effort.
