Political Quotes

Kent Conrad: “We have the spectacle of certain wealthy individuals and major corporations renouncing their U.S. citizenship to avoid…”

On the recordMarch 10, 2004
We have the spectacle of certain wealthy individuals and major corporations renouncing their U.S. citizenship to avoid U.S. taxes. Closing down that loophole saves $3 billion. Now, if anybody wants to vote against closing loopholes, let them vote against the amendment of the Senator from Washington. She is closing those loopholes in order to fund our kids' education. That is exactly what we ought to do.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Discussing the need to close tax loopholes to fund education.

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