Charles Rangel: “Mr. McDERMOTT. Mr. Speaker, Yogi Berra says, it is deja vu all over again, and here we are again. It is another month.…”

“Mr. McDERMOTT. Mr. Speaker, Yogi Berra says, it is deja vu all over again, and here we are again. It is another month. We saw the February tax bill, and now we have the March tax bill. This one cuts $120 billion out of the tax base with no budget, no concern for Medicare, no concern for social security. We are simply giving it away again. This one has an interesting twist to it, because it says, you small business guys, we are going to do something for you. We are going to raise the minimum wage for your workers, and that is going to be a cost to you. Now we have to give something to the small business people. But let me tell the Members, it is premised on the idea that small business people must be stupid, that they cannot read tax law, because this bill is not designed for small business people. Two-thirds of the $120 billion in tax breaks goes for the estate tax. That affects the 2 percent richest people at the top of the society. That is why this graph is so illustrative. The Republican tax bill is all loaded on the end of the rich people.”