I thank the gentleman for his comments and insightful remarks. I really appreciate him pointing out something, that this is the biggest tax increase in 50 years on small businesses. Let me say that again, the biggest tax increase in 50 years on small businesses. In our committee recently we had the Small Business Administration Director, and one of the members from our committee asked the Director if she had been advising the administration on the tax policy in this bill and had done any studies as to the effect of those taxes on small businesses? We couldn't get a response. She said, well, it really wasn't something she would be concerned about. Here is the Director of the Small Business Administration, whose prime duty is to work this agency for the benefit of small businesses in this country, and she was not going to think that this bill was important enough with the taxes and other extraneous things in there to even think about working on it and advising the administration about what could happen to small businesses? There is a huge disconnect within this administration about what is going on in the real world and the utopian view of how they would like to have things be in the future under a socialist regime. This is nuts. How in the world can you put a bill together like this that has this kind of effect on small business and not even study the effect of it? Absolutely breathtaking. I yield to the gentleman from New Jersey (Mr.…
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