On the recordAugust 6, 2022
Mr. President, there are no tax increases on small businesses in our bill. The only companies that are paying under our bill are corporations with at least $1 billion in profit per year. Republicans are calling private equity giants and foreign corporations with at least $1 billion in profits small businesses because they want private equity and foreign corporations to get more favorable treatment. Rather than close loopholes for billion-dollar private equity firms, Republicans would raise taxes on those making less than $400,000 per year. I urge a ``no'' vote. Vote on Amendment No. 5472 The PRESIDING OFFICER. The question is on agreeing to the amendment.
Source
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