[Congressional Record Volume 163, Number 187 (Wednesday, November 15, 2017)]
[House]
[Page H9261]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BUILD A BETTER TOMORROW
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Georgia (Mr. Woodall) for 5 minutes.
Mr. WOODALL. Mr. Speaker, I tell folks back home that they should
watch this time at 10 in the morning, where any Member can come down
and talk about anything they want to talk about, because you can learn
a lot about one another.
There are folks who come to this floor every single morning to
celebrate somebody in their district back home, to build up the country
with optimism, and with the belief that if only we unite, if only we
work harder, we can make tomorrow better than yesterday was.
There are those Members who come to the floor on a regular basis to
tear things down. I tell you, Mr. Speaker, I have been in this world
for 47 years. I know it is easier to tear things down than it is to
build things up. Something has happened in this institution where the
currency is how quickly can you tear the other side down instead of how
quickly can you partner with them to build things up.
Tax reform is hard. I have a bill for folks who are uncomfortable
with the elimination of special carve-outs, deductions, exemptions, and
lobbyist loopholes. For folks who are uncomfortable with those things,
I have a bill that repeals absolutely every one. It is called the
FairTax Act. It is H.R. 25.
We are not going to vote on that bill today because this institution
is not comfortable eliminating absolutely everything all at once. But
there is a difference of opinion, Mr. Speaker, in what the Tax Code is
designed for. Is it designed to punish people that you dislike and
reward people that you do like? Or is it designed simply to raise the
revenue so that the government can do the things it needs to do?
I believe the latter.
My friends have come to the floor today and they have said: Oh, we
are eliminating this exemption and that deduction, and that carve-out
and that loophole, and those things help with the cost of education.
Well, I say to my friends: If we want to help with the cost of
education, let's deal with education.
The Tax Code is not the solution to every problem. Oftentimes it is
the source of those problems.
For folks who believe that the cost of medical care is too expensive,
I agree. Another carve-out, another loophole, another exemption, the
Tax Code will not solve that problem. It may mask that problem, but it
will not solve it. We have to come together to solve the healthcare
inflation problem.
I say to my friends who are worried about the medical cost deduction:
I worry about that, too. I worried about it when the Affordable Care
Act made it 33 percent harder for Americans to claim that; when it
raised that base level from 7.5 percent to 10 percent, meaning so many
more Americans couldn't claim it.
This bill doubles the standard deduction so that families don't have
to worry about the magnitude of their burden. Simply, the fact that
they have a burden means that they will be able to exempt it.
My friend from Pennsylvania came and told the story of two families
from Pennsylvania working in a picture tube factory. It was a powerful
story of American manufacturing disappearing. If I looked around this
institution to find a millennial here, they wouldn't even know what a
picture tube is. That factory was going to go out of business because
technology surpassed it.
We are losing American manufacturing overseas every single day, not
because we are not the hardest working people on the planet, but
because we have the most punitive Tax Code on the planet. Everyone here
knows it.
In 1986, everyone knew it. America had the least competitive Tax Code
on the planet, but Democrats and Republicans came together--Ronald
Reagan and Tip O'Neill--and they took America from worst to first.
Decades of economic prosperity ensued. We are doing that very same
thing today: worst to first.
Would be that it were Democrats and Republicans together that were
doing that, but I tell you, Mr. Speaker, the time is not too late to
come together to do that. It was a worthy goal in 1986. It is a worthy
goal today. The Tax Code should not be picking winners and losers. It
should be creating an economic environment where the American worker
can succeed; where the American worker and its commitment is not at a
disadvantage to the rest of the world, but it is at least on a level
playing field, if not advantaged to the rest of the world.
We can do that together today, and I hope that we will. It will
always be easier to tear things down and than to build things up, Mr.
Speaker. But I know the men and women in this Chamber on a personal
level, and I know they didn't come to tear things down. They came to
build a better day tomorrow for their children, their grandchildren,
and the constituents that they represent.
Mr. Speaker, I hope that we will fulfill that promise together.
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