Political Quotes

On the recordFebruary 11, 2016
I am. The SPEAKER pro tempore. The Clerk will report the motion to recommit. The Clerk read as follows: Mr. Doggett moves to recommit the bill H.R. 3442 to the Committee on Ways and Means with instructions to report the same back to the House forthwith with the following amendments: Page 4, strike line 22 and all that follows through line 25 and insert the following: ``(C) an analysis of the following: ``(i) Long-term revenue lost from tax avoidance and evasion resulting from tax loopholes exploited by businesses, including corporate inversions, base erosion, unlimited deferral of foreign earnings, and loopholes that encourage the offshoring of jobs and profits. ``(ii) Long-term revenue lost from tax avoidance and evasion resulting from tax loopholes abused by the wealthy, including carried interest, estate tax rules, capital gains rates, and deductions and exemptions that widen income and wealth inequality among individuals. ``(iii) Long-term revenue lost due to unfair policies in the Internal Revenue Code of 1986, including those specified in paragraphs (1) and (2), which contribute to growing tax avoidance and evasion by American businesses and individuals who are increasingly more discouraged by corporations and wealthy individuals not being required to pay their fair share of taxes.…
Said by
Lloyd Doggett
Democratic · Texas
Source
govinfo.gov
Feb 11, 2016

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