On the recordApril 8, 2019
It is why we need to make sure that those who do choose to continue to work, and many will, see the benefits of that work. Here we are calling for a tax cut and promising to account for every penny of it with a proper adjustment to the other taxes and the payroll tax. You would almost think we were Republicans standing up here tonight. But the Republicans, instead, have chosen a path through their tax bill to cut taxes for a very different group of people, the people who make more than $500,000 a year, and the people on the boards of the largest and most powerful corporations in our country. I think that is what frustrates so many people today, that the average Social Security benefit now, at this point, is--what?--about $16,000. The people who benefited from the tax cut in 2017 make $500,000, $1 million, or even more than that per year. There are far more people earning closer to $16,000 in this country than there are at the very top. If we are going to have special breaks in the Tax Code for anyone, or if we are going to do anything with our tax laws to benefit anyone, it should be those folks who are just trying to get by. They are not going on vacation with this money. They are not going to Disney World. And they are not going on a cruise. They are paying for prescription drugs, and they are paying for groceries. Mr. Clyburn just talked about hunger and how Fritz Hollings was fighting hunger 40 and 50 years ago.…





