Political Quotes

On the recordSeptember 28, 2018
I find it interesting that I keep hearing that the tax reforms were for the rich. The only phone calls I got complaining about our tax reform were from the rich. I had one gentleman call me and actually say: For those of us with three or four homes, this is going to kill us. Are you kidding me? And you keep saying this is a tax break for the rich. They are the only ones complaining to me. As a former small-business owner, I can tell you how difficult it is to plan for the future. When you sit down to look at your company's finances, you may be worried about paying your employees' salaries or making the rent on time. So many in this body, historically, have never run a business, yet they have historically done a very good job of running some businesses into the ground. The last thing any business owner wants to think about is: I wonder what the Federal Government is going to do to my taxes 5, 10, 15 years from now. Constant uncertainty does not work for the American people. High taxes don't work for the American people. People want to keep their money. The House of Representatives is prepared to remedy these concerns for many years to come. The Protecting Family and Small Business Tax Cuts Act of 2018 that is on the floor today as part of tax reform 2.0 would make lower tax rates for all income levels permanent. Critically, this bill permanently extends a major deduction for pass- through businesses, which make up most of the small businesses in the U.S.…
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Brad Wenstrup
Republican · Ohio

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