Gene Taylor: “There are enough snakes in this bill that it would take a herpetologist to sort them all out. We are dealing with…”

“There are enough snakes in this bill that it would take a herpetologist to sort them all out. We are dealing with people's retirement, and one provision of this bill would allow the person who is rolling those retirement funds over to pocket the profits for 60 days. Grandma does not get them, he gets them, not the person who deserves them, the guy who convinces grandma that she needs to roll it over. That is just one provision. There is another provision that on a casual reading of this bill that I showed to over a dozen Members of Congress and an equal number of members of the press would have us believe that we get a tax deduction for paying bribes. Now, I say to my colleagues, if it is our job to make the tax laws simpler and more understandable, why on the last day of this session would we parade out a bill that is going to add 965 pages to the Tax Code that no one fully comprehends?”