Political Quotes

“When $4 billion in sanctions are imposed for an unjustified tax break declared illegal in an international forum, this House Republican leadership produces this monstrosity of a bill to expand this $4 billion problem to an outrageous $150 billion chunk of corporate welfare. The title of a lead column in the Business section of the Washington Post captures the essence of this sorry legislation: ``Tax Legislation Only Worthy of the Trash Heap.'' At least one corporate lobbyist was candid in boasting that this bill has ``risen to a new level of sleaze.'' The latest bit of sleaze was added only in the wee hours of this morning, a provision to obstruct an ongoing investigation by the Internal Revenue Service of corporate tax shelters, denying our IRS even the identity of those who were sold abusive corporate tax products. Once again, with tax breaks for the private jets of corporate executives, for sonar devices for finding fish, for whale hunters, we can see that the big fish do rather well in this bill, while the American people are told one whopper after another. This is a jobs bill all right. It is a jobs bill for corporate lobbyists who have done rather well. It is also a jobs bill for people in Bermuda and China. Indeed, I think the taxpayers of Bermuda and China ought to be footing the $150 billion price tag for this bill, not the American taxpayers because they appear to be the ones benefiting from this legislation.”