Thank you. Mr. Speaker, I continuously hear from small business owners and farmers back home about the need for greater certainty and the need to revamp a Tax Code that has outlived its usefulness. It is riddled with inefficiencies. It is riddled with certain expenditures that have been included in it throughout the years due to powerful special interests who know how to work the Halls of Congress to get their special provisions in it, and who we are leaving behind are hardworking families back home and the small businesses on Main Street who can't hire their legion of lobbyists out here to protect their interests or to get their special provisions in. So as we move forward, hopefully this will be one of those areas where we can find some common ground and do what is right for our Nation. That would help jump-start the U.S. economy and put us in a much more competitive place, when it comes to the global economy, at the same time. I reluctantly support it. I think we could have done a better job. But I think it is also important for policy reasons to maintain these tax provisions until we get a chance to do comprehensive reform around here.
Ron Kind: “Thank you. Mr. Speaker, I continuously hear from small business owners and farmers back home about the need for greater…”
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We do need friends and allies around the globe. We need to be a leader in developing a rules-based global trading system.
the tax benefit conferred on taxpayers who invest in qualified opportunity funds are tax benefits for the rich.





