Political Quotes

“Mr. President, one of Republicans' biggest priorities this year is extending the tax relief we passed in 2017 and preventing a massive tax hike on hard-working Americans. We took a big step forward before Easter with the passage of a budget resolution necessary for a final bill, and we are rapidly moving toward final bill text. Senate Republicans held hours of great discussions today to hammer out a number of details. The issue before us is simple: If we don't act, Americans making less than $400,000 will face a $2.6 trillion tax hike next year--$2.6 trillion. Small businesses will face a $600 billion tax hike. Republicans do not intend to let that happen. We are going to extend the tax relief we passed during President Trump's first administration, starting with the lower individual rates that put more money in Americans' pockets and eased the burden on small businesses. I say ``extend,'' but in fact, we intend to make that tax relief permanent. Hard-working Americans should not have to worry about tax hikes every few years, and small businesses need tax certainty for long-term planning. So we are committed to not only extending the lower individual rates we passed in 2017 but to making them permanent. We are also committed to making other small business tax relief from the Tax Cuts and Jobs Act permanent, like bonus depreciation and the section No. 199A deduction. The National Federation of Independent Business reports that making the small business section No.…”