Political Quotes

“I appreciate the gentleman from Florida, not only for his vigorous defense of the Democrat position to increase taxes, but I would like to, if I can, state what really are the facts of the case and what is in this bill. The claim is that tax cuts will be available for small businesses even if they ship jobs overseas. Well, the fact is this legislation allows the 20 percent deduction for qualified domestic business income. Domestic. That's here. Domestic business. It would not be allowed to include money that was earned overseas. So I think that that is a good part of this bill. I think what Mr. Cantor did is understand that we are trying to grow American jobs. There have also been a lot of statements made by our friends, but I think the American people need to hear this about the bill and the substitute, which will be allowed and which was allowed in the Rules Committee, and that is, similar to H.R. 9, which is this bill, the Levin amendment, which would be the substitute, does not include any provision addressing companies that continue to make foreign investment. It's devoid of that. Both proposals do tie the small business tax deduction to domestic wages. Both bills do that exact same thing. So to accuse us of not doing something or something that would create or stop business from having jobs overseas, that's devoid of that in both bills. They are both consistent. It's about domestic works. Similar to H.R.…”