Political Quotes

“Donald Trump is going to be on Capitol Hill rallying Republicans to vote for his tax bill perfectly designed for his benefit: eliminating the alternative minimum tax, one of the few ways he pays any tax at all; abolishing the inheritance tax, allowing him to pass on tax-free hundreds of millions of dollars to his family; and expanding access to the lower passthrough tax rates for many large and profitable businesses. Donald Trump lists hundreds of passthrough entities on his financial forms. Donald Trump is the king of debt, and this monstrosity of a tax bill is fueled by increasing the national debt $2.3 trillion and cutting taxes for the wealthy financed by increased debt burden on our children and grandchildren. Of course, details are starting to leak out, such as special deals for baseball teams. Breaking a bipartisan commitment to the wind energy industry is already causing their stock prices to fall, jeopardizing billions of dollars of projects and putting tens of thousands of jobs at risk with the only retroactive provision in the bill breaking a bipartisan commitment that many of us worked on with the energy industry. The Republican proposal showers riches on the wealthiest Americans and most profitable corporations who are not going to create jobs and raise wages. What they are going to do is buy things and make more money. What is going to happen is that, in the years ahead, taxes are going to rise for millions of Americans and even more in the future.…”