My question is, to facilitate these multibillionaires who are against this bill, Mr. Speaker, I want an opportunity to offer an amendment which limits the reductions in this tax to the first billion dollars. I think that this will satisfy them, because they will be able to pay taxes on anything over a billion dollars. Therefore, those that need relief, the poor Americans, would have the opportunity for some relief. It is an honest request. I would respectfully ask the chairman and the ranking member if they would support such an amendment, if they can answer that and the appropriate time, Mr. Speaker, as to when I can introduce it.
James T. Callahan: “My question is, to facilitate these multibillionaires who are against this bill, Mr. Speaker, I want an opportunity to…”
Editor's note · Context
Proposing an amendment to limit tax reductions for multibillionaires during a debate on tax legislation.
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