[Congressional Record Volume 163, Number 172 (Wednesday, October 25, 2017)]
[House]
[Page H8210]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAX REFORM
(Mrs. WATSON COLEMAN asked and was given permission to address the
House for 1 minute.)
Mrs. WATSON COLEMAN. Mr. Speaker, day after day, the President and
congressional Republicans have sought to frame their tax proposal as a
tax cut for hardworking middle class families and not a tax cut for the
wealthiest Americans, even going so far as to say it will not add to
the deficit. Quite simply, they are trying to sell the American people
a dream that will not become a reality.
In New Jersey alone, 25 percent of the residents will see their taxes
increase by $2,400, annually. That means one in four New Jerseyans are
affected by this failed strategy of trickle-down economics.
These aren't the very rich. I am talking about New Jersey's regular
working families. These New Jerseyans are a part of the 47 million
Americans that will see a tax increase.
This horrific tax reform plan and the rhetoric my Republican
colleagues are using to garner support is simply fake news. It is a tax
break for the wealthiest Americans.
I refuse to participate in the crippling of the middle class and the
working class and the halting of continued growth of the American
economy by rubberstamping this billionaires-first tax scheme.
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