[Congressional Record Volume 163, Number 194 (Wednesday, November 29, 2017)]
[House]
[Pages H9472-H9473]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE ART OF THE TAX DEAL
The SPEAKER pro tempore. The Chair recognizes the gentlewoman from
Wisconsin (Ms. Moore) for 5 minutes.
Ms. MOORE. Mr. Speaker, I proudly present the art of the deal:
In the tax deal before us, we provide permanent tax cuts for
individuals who are multimillionaires and billionaires. With this deal,
all middle class families will eventually face a tax increase since tax
relief for them expires.
All taxes, of course, go up on folks earning as little as $10,000 a
year almost immediately. After all, Mr. Speaker, somebody's got to pay
for the wealthy's permanent tax cuts.
Now, how do we get buy-in from the middle class, you ask. Well, here
is the beauty of the deal, Mr. Speaker. We will trickle down a few
crumbs from the master's table to get some of them through one or two
Christmas shopping seasons; and let's tell them that they can do their
taxes on a postcard and that they will just love that they won't have
to go through all the tedious math work of receiving thousands of
dollars in personal exemptions and State income and local tax relief.
{time} 1015
They won't have to do all of that subtracting of medical expenses and
student loan interest from their tax obligations.
We will promise them jobs. Hey, yeah, let's do that through dynamic
scoring, trickle-down and voodoo economic growth like we did during the
Reagan and Bush years, back when we gave trillions of dollars in tax
cuts to the wealthy and created the deficits that are now dragging on
our economy.
Mr. Speaker, people are so desperate that they will believe us. Of
course, we will have to cut $25 billion out of Social Security
immediately to meet budget rules, or maybe we can just cut some veteran
benefits from mandatory spending. We are targeting $1.5 trillion in
cuts to Medicaid and Medicare, but don't worry, Mr. Speaker, we will
just defame recipients of these benefits as unworthy welfare cheats and
the general public will go for our deal.
Mr. Speaker, let's adopt a better deal. Let's pursue a commonsensical
means of growing the economy, like spending these trillions of dollars
on infrastructure instead of a giveaway to the wealthy, by providing
postsecondary opportunity and skill development to our next generation
of
[[Page H9473]]
innovators and workers instead of taxing our students into an abyss of
debt.
Let's fund research on medical cures instead of burying the infirm
into early graves. Let us reject this abomination of a tax bill.
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