On the recordAugust 6, 2022
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.
