Political Quotes

“Madam President, I rise today to talk about what is really a ``once in a generation'' opportunity, and that is the opportunity we have right now to reform our outmoded and complex Tax Code and also, most importantly, to provide tax relief for our Nation's families, farmers, and small businesses. Our Tax Code has not been updated since 1986. When you think about all that has changed over the last 30 years, you know that modern advances in technology have drastically revolutionized the way business is conducted. Today, the creation of the internet, substantially increased automation, and instant communications have created dramatic changes and in many ways have brought us closer in terms of communication and have interconnected our global economy in ways we never could have foreseen back in the 1980s, when we last reformed our Tax Code. So it is past time--not time but past time--to modernize our outdated Tax Code to the 21st century. We must do so in order to ensure that American businesses can compete on the global stage, while providing tax relief to hard-working middle-class families who have been struggling to get and stay ahead over the last decade. The recently released tax blueprint proposes sweeping tax reforms that will benefit working families and small businesses throughout the country while promoting job creation, economic growth, and global competitiveness.…”