Political Quotes

On the recordSeptember 12, 2018
I rise today to oppose President Trump's nominee for Commissioner of the IRS, Mr. Charles Rettig. Now more than ever, the American people need government officials who are willing to stand up and speak truth to power. Unfortunately, Mr. Rettig failed to convince me that he is up for that part of the job. During his time before the Senate Finance Committee, on which I serve, Mr. Rettig gave me no indication that he would protect New Jerseyans facing the threat of double taxation under the tax bill passed by this Congress and signed into law by President Trump late last year, nor did Mr. Rettig express any respect for the rights of States to administer their own constitutionally upheld charitable contribution tax credit programs. Instead, Mr. Rettig left me all but certain that he would be a rubberstamp for this administration's politically motivated tax policies and would allow a backdoor tax increase on countless middle-class families. At a time when we need independence and impartiality at the IRS, that is absolutely unacceptable. As we speak, the Treasury Department and the IRS are trying to make sense of the deficit-exploding corporate tax cuts rushed through Congress by the Republican majority last December--tax cuts that, according to the Congressional Budget Office, will drive us toward trillion-dollar annual deficits by 2020 and by undermining the Affordable Care Act, eventually will strip 13 million Americans of their healthcare coverage.…
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Bob Menendez
Democratic · New Jersey

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