Political Quotes

“let me say a couple of things as I close in response to my colleagues on the other side of the aisle. First, let me just talk about the argument with regard to tax increases. Our budget provides for tax fairness. We want to bring back some real justice in the Tax Code. Let me just say to you that the Progressive Caucus believes that individuals earning $1 million or more a year, which is the top 1 percent of our country, that those tax breaks should be rolled back, the tax bracket should be rolled back to 39.6 percent. That raises at least $96 billion. I finally think that that $96 billion can be put into restoring some of the very draconian cuts in our budget to initiatives such as education and health care which the President has cut. Secondly, we're talking about repealing capital gains and dividends tax breaks raises at least $74.4 billion. I think that that $74.4 billion can restore the 50 education programs, including student financial aid, which the President has sought to cut. We also want to roll back the estate tax break, raising at least $74 billion. I think that that $74 billion can go to restore those deep cuts to highway infrastructure or, of all things he is slashing, support for law enforcement. I think that those resources could better be used in those areas. Also, we're talking about in terms of repealing all additional tax breaks for the top 1 percent. That means we have $177 billion.…”