I will ask that as well. What of the example I gave you of a family of four earning $88,000 a year who gets a bonus--how many here have heard of a bonus of $250? They get a bonus because they worked hard. They get that bonus and they are in the 401 percentile of the Federal poverty level. They get a bill from the IRS for $4,460. What part of that is not a tax increase?
The speaker discusses the impact of tax bills on middle-class families.
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I thank my friend and colleague from New York (Mr. Nadler) for yielding. Mr. Speaker, I thank Chairman Goodlatte, Ranking Member Nadler, Congressman Doug Collins, Congressman Hakeem Jeffries, and all of my friends on the Judiciary…
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