Political Quotes

“I thank the chairman for yielding and for his hard work on this bill. We are here in Washington, D.C., talking about tax reform, and we are throwing around tax terms like built-in gains, bonus depreciation, research and development, R&D, and on and on and on. People back home I think really, for the most part, don't get all of that talk, but they do understand when we are talking about reducing their taxes, when we are creating an environment where businesses can thrive, where businesses can reinvest their capital back into their hard work, their small businesses, create jobs, sell their products, and hire more people. That is what this bill is about. Just three quick examples of constituencies that I am hearing from in my district: One, the teachers in Washington State. They really appreciate the fact that there is certainty now that they can deduct the amount of money they spend up to $500 on school equipment to help our children learn. Every year or 2 years we go through this exercise of deciding whether or not we are going to support our teachers. They have certainty. This is not about big businesses. These are teachers. Two, small businesses, S Corporations, can now with certainty have access to revenue. Rather than waiting 10 years, they can have it in 5. They can sell equipment that they had to sit on for 5 years or 7 years. Now they can sell that equipment and buy new equipment, creating more jobs and selling more products.…”