Political Quotes

On the recordDecember 1, 2017
I come to the floor with my colleague from Maryland to talk about the State and local tax deduction. I thank the ranking member of the Senate Finance Committee for his hard work on trying to articulate what is fair tax policy for Americans. Senator Wyden and I come from parts of the country with probably some of the most unique tax codes. He doesn't have a sales tax in Oregon. We don't have an income tax in Washington. We are not an expensive tax State. We are not an expensive tax State. There are other States such as Texas, Nevada, and Florida that also don't have an income tax. Under this bill, those States and the citizens of those States, like many others, are going to be penalized. Middle-class Americans are going to have their taxes raised to give a tax break to corporations. So while we might want to discuss what is fair tax policy as it relates to the competitiveness of our economy, the good news for the people of the State of Washington is that we have very competitive businesses, whether it is Microsoft or Amazon or Starbucks or Costco or Boeing. They are all working hard. They are all working in multiple places, and yes, they are all doing really, really well. The question is, Do we need to reduce their corporate rate so significantly, and to do so, take money out of the pockets of middle- class families across the United States of America?…
Said by
Maria Cantwell
Democratic · Washington
Source
govinfo.gov
Dec 1, 2017

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