On the recordDecember 19, 2017
I thank the gentleman for yielding. One of my predecessors--a good friend and mentor--was Bill Frenzel. He was the last Minnesotan to serve on the Ways and Means Committee when tax reform was passed. It was 1986. In the 31 years since then, our Tax Code has been one of the most complicated, unfair, and most uncompetitive in the world. It has led to a stagnant economy with sluggish growth, with America losing our manufacturing, our jobs, our innovation, and our headquarters overseas. But today, that all changes. Today, we will pass and give Minnesota employers the confidence and the capital that they need to grow their businesses, to hire more workers, and to give their employees a raise. This provides middle-income families with tax cuts they need to save for their future and improve their standard of living. This helps real people with real needs. Mr. Speaker, tax reform for me is about one thing and one thing only: it is about restoring the hope for a prosperous future for ourselves, our parents, and, most importantly, our children. Mr. Speaker, I urge adoption of the report.
