Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in strong support of the United States-Taiwan Expedited Double-Tax Relief Act, bipartisan legislation that will unleash more American manufacturing investment and jobs and help combat China's harmful influence. For too long, America has been too dependent on China. It comes at a high price, as communities across this country lose jobs and live with little hope for the future. It also puts America's national security at risk. This bill before us establishes fair tax treatment for both American workers and businesses operating in Taiwan and puts Americans on equal footing with our competitors around the world. Enacting this legislation will help create jobs right here at home. U.S. exports to Taiwan support 188,000 American jobs, and Taiwanese investment in the United States supports another 21,000. Reducing burdens on Taiwanese investment in America will help aid in building new cutting-edge manufacturing plants staffed by American workers. It will help support our domestic semiconductor and chip manufacturing capabilities, securing strategic supply chains and helping us further move away from China. Citizens and companies from countries like Great Britain, Japan, Australia, and New Zealand and the European Union all enjoy better tax treatment than Americans in Taiwan currently do. That is not right. In fact, the United States is Taiwan's largest trading partner without a tax treaty.…”