Political Quotes

On the recordDecember 19, 2017
I thank the gentleman for yielding me this time. Mr. Speaker, I rise in strong opposition to the Ryan-McConnell tax scam bill. This bill should be named the ``Republican Donor Class Relief Act'' because that is what it is, and several of my Republican colleagues and many in the media have admitted as much. This tax scam represents a grotesque set of priorities revealing deep depravity of American values. One of the first principles of our Judeo-Christian value system is grounded in what we do ``for the least of these.'' From the outset, this bill violates that principle by lowering the marginal tax rates on the wealthiest among us by 2.6 points, while raising those rates on the least among us by 2 points. This tax scam bill adds insult to that injurious act by doubling the estate tax exemption from $11 million to $22 million. The Republicans add further insult to injury by lowering the tax rates for corporations by 14 points while raising tax rates on 86 million middle-income families. It makes the tax cuts for corporations permanent and the miniscule individual cuts temporary, while also kicking 13 million people off their health insurance and increasing premiums for millions more. The tax scam caps deductions for State and local taxes and home mortgages and adds over $2 trillion to the deficit. Our children and grandchildren will be left with the bill. Mr.…
Said by
Jim Clyburn
Democratic · South Carolina
Source
govinfo.gov
Dec 19, 2017

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