Political Quotes

On the recordMarch 22, 2023
the reality is many years, folks are struggling, and they have to go take out loans to keep their business afloat, and to draw a line at $400,000, because everybody is looking for that breakout year, to draw a line at $400,000 is punitive to those folks for accomplishing what they want to, which is to have that breakout year.
Said by
Chuck Edwards
Republican · North Dakota

Editor's note · Context

Edwards argues that setting the tax threshold at $400,000 is unfair to struggling businesses.

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