Political Quotes

“Mr. Speaker, the promise of tax reform has degenerated into little more than a scam to aid tax dodgers. While public attention is diverted to the scandal in Alabama, Republicans are rushing through this sham of a bill, developed in the dark with lobbyists, before most Americans realize what is about to hit them in the face. Instead of more jobs at home, Republicans create a giant, new gaping loophole to ship ever more jobs abroad. Even Speaker Ryan's home State Republican Senator Ron Johnson concedes that, under this bill, ``there will be a real incentive to keep manufacturing overseas.'' It is hardly a surprise since President Trump's Wall Streeter designated to run the show has just been identified personally from leaked Bermudan documents as the past executive of not one, but 22 different island tax-paradise shell companies. Meanwhile, another loophole, carried interest, that flows to plutocrats like Donald Trump. That is the very injustice he promised to stop last year. It will keep flowing right into their pocket. As for the deduction for student interest for those who are overwhelmed with college loans, like other middle-class tax provisions, that is part of the $65 billion that is cut out of tax incentives by Republicans in this bill. They are totally dependent upon alternative facts. Today's bill even authorizes those who want to pay absolutely zero in tax to do that by abolishing the alternative minimum tax (AMT).…”