Political Quotes

“I want to thank Senator Heitkamp for her support of this motion. Our motion would simply send this legislation back to the Senate Finance Committee with instructions to change provisions important to West Virginians. First, it would call for the reductions on individual tax rates for middle-class and working people to be made permanent. Currently, individuals receive temporary relief, while corporate changes are made permanent--a gimmick that provides uncertainty for West Virginia taxpayers and North Dakotans. Next, it directs the committee to maintain important priorities, such as the medical expense deduction, student loan interest deduction, retirement savings incentives, homeownership incentives, and the historic tax credit. It is important that we provide this permanent relief to American taxpayers who are slated to see higher taxes as rates go up in the later years of this bill. In my State alone, 79 percent of West Virginians make under $75,000 and will see their taxes spike as their tax relief expires. Finally, the amendment calls for small businesses to receive much needed relief and for the corporate tax rate to be set at 25 percent. In my State, 95.6 percent of businesses are small businesses and employ over 50 percent of West Virginians. I urge my colleagues to support sending this bill back to committee and to work in a bipartisan way to pass a fiscally responsible tax reform bill that positions this country to thrive for future generations.…”