[Congressional Record Volume 163, Number 179 (Friday, November 3, 2017)]
[House]
[Pages H8479-H8480]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
OPEN TAX REFORM DISCUSSIONS
(Mr. SCHNEIDER asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. SCHNEIDER. Madam Speaker, there is no question we need to reform
our outdated, overly complex Tax
[[Page H8480]]
Code. That is something we all agree on. We need to encourage growth
and support our middle class. But the Republican decision to approach
taxes in an exclusively partisan and fiscally irresponsible way is not
the way to go.
I am deeply concerned about the partisan plan rolled out by the
Republican leadership, in no small part because it saddles future
generations with trillions more in debt just to pay for tax cuts for
the most fortunate Americans.
Furthermore, restricting provisions relied upon by countless middle
class families, including the State and local tax--SALT--deductions and
property tax deductions hurts working families. This is particularly
true in States like Illinois, where one in every three filers depends
on the SALT deduction.
In the days ahead, I hope my Republican colleagues will open the tax
reform discussion to bipartisan engagement. I remain ready and willing
to sit down and work across the aisle to achieve responsible tax reform
that will grow our economy, protect our seniors, truly help middle
class families, and secure our future.
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