Political Quotes

“Good morning, Mr. President. First, I would like to talk about taxes. Today, President Trump and Republican leaders will announce several proposals as part of their tax plan. According to recent reports, that plan will include proposals to repeal the estate tax, lower the rate on passthrough entities, lower the top rate, and actually raise the bottom tax rate. Each of these proposals would result in a massive windfall for the wealthiest Americans and provide almost no relief to middle- class taxpayers who need it most. It seems that President Trump and Republicans have designed their plan to be cheered in the country clubs and the corporate boardrooms. How does repealing the estate tax help middle-class people? Only 5,200 of the wealthiest families in America, couples whose estates are worth $11 million, pay the estate tax. Are there any middle-class families worth $11 million? Is that the President's definition of the middle class? The estate tax is skewed to the very wealthiest among us, and they are going to repeal it. This is not going to fly with the American people, let me tell you. Our Republican colleagues tried to do something the public disliked on healthcare--taking away benefits, reducing healthcare. Now they are trying to do the same thing on taxes, helping the very wealthiest. They are going to be in for a rude awakening because the American people are going to rise up against this.…”