Political Quotes

On the recordJanuary 31, 2024
Mr. Speaker, this corporate tax windfall bill, thinly disguised as help for children, offers even more tax advantages to corporations that are paying today a mere 7.8 percent tax rate. A working mother of two earning the average wage pays a Federal effective rate of 20 percent. Even The Wall Street Journal called one provision in this bill a retroactive sop. It is minimal help for children and maximum benefits for those who are failing to pay their fair share. For every $1 that goes to children under this bill, $5 goes to corporations. Republicans are enabled to lock in $600 billion in extended Trump tax breaks while millions of children are left in preventable poverty and are denied a full tax credit. While bipartisan, this bill is no more equitable than our broken bipartisan tax code overflowing with loopholes and special advantages for the well-connected. This deal only continues slanting our tax system against working families. Reject the unjustified corporate ransom and lock in genuine relief for children.
Said by
Lloyd Doggett
Democratic · Texas

Share & report

More from Lloyd Doggett

Nov 12, 2024

Mr. Speaker, a shelter offering housing to LGBTQ youth could be targeted. A Vietnam Veterans of America group that previously declared Trump's attacks on Gold Star families disgraceful and un- American could be targeted. Other possible…

Congressional Record · 2024-11-12
Jul 22, 2024

Mr. Speaker, I invite my Texas colleagues, particularly, and others who may want to come up to honor our colleague, Sheila Jackson Lee. Mr. Speaker, I rise to honor our colleague, Sheila Jackson Lee. It is strange to be here and not see…

Congressional Record · 2024-07-22
Jul 1, 2024

I think we would be better off if we had a new candidate who could present a new vision for our country.

transcripts.cnn.com

Other voices in this conversation