These tax provisions that represent, let us put this in perspective, about 1 percent of the non-Social Security surplus that we will generate, about one penny out of every dollar. This Small Business Tax fairness Act that is under debate today was drafted in the spirit of mutual respect, Republicans and Democrats not presuming to know what the final product was; but we have come together to try and craft something from the start. This bill was introduced by myself and cosponsored by colleagues from both sides of the aisle. I want to, if I can, pay special tribute to the gentleman from Illinois (Mr. Shimkus), who played a key role in drafting this legislation.
Rick Lazio: “These tax provisions that represent, let us put this in perspective, about 1 percent of the non-Social Security surplus…”
Editor's note · Context
Discussing the bipartisan support for the Small Business Tax Fairness Act.
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