Jim McDermott actually said...

we are setting in motion a policy to pay for a reduction in corporate taxes down to 25 percent by taking it away from homeowners

MCDERMOTT discusses the impact of tax policy on homeowners and their savings.

04/24/2013

More Jim McDermott Quotes

I have been sitting on this committee listening to the fact that we need to reduce the tax rate to 25 percent on corporations, that that wou...

I would not recommend enacting a provision that is targeted towards job creation.

So you would suggest maybe that we should put in provisions that would require them to invest it in things that produce jobs in this country...

The IRS has unequivocally made a mistake here.