On the recordAugust 2, 2012
I thank the gentleman from Massachusetts for yielding. Mr. Speaker, today we have the opportunity to talk about our vision for the future and the path our country must set upon in order to remain competitive in the global economy and also to get our fiscal house in order. The tax reform proposals that we are debating today could not be in starker contrast. Today, I will vote against the Republican plan that is before us, and instead I will vote for the Democratic plan which I believe is a balanced approach to move our country forward. It gives everyone the opportunity to succeed. Mr. Speaker, this debate is about choices. The Republicans want to give more tax cuts to the wealthy, quite frankly, at the expense of everyone else. Democrats, on the other hand, propose a balanced plan that asks the wealthiest to sacrifice just a little bit more so that we can provide tax relief for the middle class taxpayers, we can bring our debt down, and invest in economic growth. We will protect our most vulnerable. We will repeal the alternative minimum tax. We will discourage tax haven abuse and eliminate the tax breaks that ship jobs and profits overseas. Far too many of us, Mr. Speaker, have experienced the hardship and loss of employers shuttering their operations in our districts, and we know that when a business closes, it's not just direct jobs that are lost. It is an entire community which is affected.…
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