Political Quotes

On the recordJuly 10, 2014
As usual, my friend is a sharp and acute debater and makes points over a broad number of issues. I do want to say, for the record, I am not such a great businessman, but I have a great business partner who has been my partner for 25 years. She is the managing partner. She made the call. And I have been very fortunate to be friends and partners with her for many, many years. I think she probably moved as quickly as she did because she didn't think the government would have the good sense to keep this open. But the fact is, under both Republicans and Democrats, we have done bonus depreciation. When my friends were in the majority, they continued to routinely extend it themselves. And after more than a decade, it has become, frankly, pretty much a permanent feature of our Tax Code. Now it is not so permanent that you can absolutely rely on it in the business sense. But I still accept the argument, after something that has been repeatedly confirmed by both sides, and both sides have repeatedly extended it and made it effectively permanent, we ought to go ahead and provide business with that certainty. Again, we will have a debate on that, and that is appropriate. The second point I want to discuss, where I do differ with my friend a little bit: look, we always quibble no matter who is in the majority over how open the process is and how much the minority is allowed to participate in it.…
Said by
Tom Cole
Republican · Oklahoma
Source
govinfo.gov
Jul 10, 2014

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