Kevin Brady: “this tax increase, however called, ripped from the headlines, ``Cayman Islands, tax cheats, tax dodgers, Caribbean.''…”

“this tax increase, however called, ripped from the headlines, ``Cayman Islands, tax cheats, tax dodgers, Caribbean.'' The only thing they didn't work in was Paris Hilton and Lindsay Lohan. The fact of the matter is I had planned to vote for this farm bill until this ``dark night'' tax increase. And here's the key. You hear them talk about 2002. The Treasury Department said ``close the loophole.'' There is a reason they're not talking about 2007, because since then, in the 5 years, this Congress closed those loopholes. The Treasury Department closed those loopholes. And that same Treasury Department they cite today says this is a tax increase that jeopardizes U.S. jobs, cuts investment to this country, violates tax treaties, and keeps companies from creating jobs in the United States. And it also punishes U.S. energy companies for exploring in our deep waters and for honoring their Federal contracts. This rule is a sham and deserves to be voted down.”