Political Quotes

“Mr. President, this is an honest, straightforward amendment which is concerned about people making more than $200,000. The effect of some amendments prior to this moment have been trying to protect people making less than $200,000. This amendment is the exact opposite; it is only concerned about people making more than $200,000 in income. The bill itself also provides that people whose investment income is above $200,000 should contribute to the Medicare trust fund. Currently, they do not. Only taxes on wages contribute to the Medicare trust fund. The thought is that people with unearned income should also contribute. This tax only applies to those who make above $200,000. There is a passthrough exemption, subchapter S. Other passthroughs are exempted. Retirement income is exempted. It doesn't make sense that people making over $200,000 should be exempt. I move to table the motion to commit and ask for the yeas and nays. The PRESIDING OFFICER. Is there a sufficient second? There appears to be a sufficient second. The question is on agreeing to the motion to table the motion to commit. The clerk will call the roll. The assistant legislative clerk called the roll.”