On the recordDecember 5, 2019
I come to the floor today to talk about the importance of passing the expired tax credit provisions for many small businesses and industries that support families and help revitalize economic, depressed communities, and those that are underserved. We all know that 2 years ago, the Republicans and President Trump enacted a $2 trillion tax break for large corporations, and there was a lot of lobbying here that went in to getting that legislation passed. Yet, when it comes to these provisions, which are just about tax certainty in the Tax Code that has been there for decades that really needs to be reauthorized, Congress is not getting the job done, and we need to come to terms now about why it is so important to help small businesses have tax certainty in the code, to help families and communities, and to get this provision done by December 31. We all know how important it is that these individuals, green energy companies, economic development, and many other aspects of the Tax Code are being basically held hostage--since, I believe, 2017--by Congress's inattention to this issue. Our Tax Code is most effective when we have certainty, predictability, and when we have made decisions out of Congress that we think we do want to incent and motivate investment.…





