Political Quotes

“I thank the gentleman from Florida for the time. I rise today on behalf of the hardworking middle class families in Wisconsin and across the country who have unfairly been paying at a higher tax rate than multi-millionaires and billionaires. Working Wisconsinites are struggling to find good-paying jobs, pay their mortgages, send their kids to college, and save for a secure retirement; meanwhile, the ultra-rich are reaping benefits unavailable to the rest of us. No wonder middle class Americans have long felt that our tax system is rigged against them. Frankly, it is. Middle class Americans deserve a Tax Code that is fair. Powerful special interests have manipulated our Tax Code to make sure that the wealthiest Americans don't have to pay their fair share. Loopholes and special provisions have made it so that billionaire Warren Buffett's secretary pays a higher tax rate than he does. In fact, approximately one-quarter of all people who make over $1 million a year pay lower effective tax rates than middle class families. I introduced the Paying a Fair Share Act, which would make the Buffett rule law and ensure that middle class workers do not pay a higher tax rate than those making over $1 million a year. This is a commonsense solution that would address the disparity that Warren Buffett decried, and it would reduce the deficit by billions of dollars over the next decade. Now, let's be honest about what the Buffett rule is and what it is not.…”