On the recordSeptember 21, 2011
No party is privy to virtue on this issue.
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Pascrell emphasizes that all parties share responsibility for the deficit.
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And I am not giving up because if we don't do that we continue to send the wrong message to the taxpayers.
So I am proud of our efforts to make big business and rich tax cheats finally pay their fair share. What the heck is wrong with that? And we have made progress.
You can draw a straight line from these winds to the policies enacted by President Biden and, yes, Democrats.
I am glad the budget includes finally closing the carried interest loophole, maybe the worst loophole in the entire tax code.