I have been here for 30 years. Three times we have put the investment tax credit in in tax reform. Three times we have taken it out in tax reform. Now you tell me, when is it reform, and when does it work to help the economy?
Robert Packwood: “I have been here for 30 years. Three times we have put the investment tax credit in in tax reform. Three times we have…”
Editor's note · Context
Packwood reflects on the challenges of defining effective tax reform.
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I regret the odious deal I had to make with the oilies, which was totally unjustified and given to them when no other business got it.
Well, that is why this committee--at least in Bill's and my era, there was much more nonpartisanship in the Senate than there apparently is today.
I have often thought to myself, what kind of a deal could be made between the Republicans and the Democrats that would result in some increased revenue?
When we're in the Sunshine, as soon as we vote, every trade association in the country gets out their mailgrams and their phone calls in 12 hours and complains about the members' votes. But when we're in the back room, the Senators can…





