[Congressional Record Volume 167, Number 170 (Wednesday, September 29, 2021)]
[House]
[Page H5516]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   TRICKLE-DOWN ECONOMICS HAS FAILED

  (Ms. SCANLON asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Ms. SCANLON. Madam Speaker, over the past 50 years, income inequality 
has exploded in our country.
  For decades, trickle-down economics has guided our country's fiscal 
policy, selling the American people a bill of goods about how cutting 
taxes for big business and the wealthy would eventually benefit society 
at large.
  Most Americans have experienced this policy failure firsthand. They 
have watched the rich and powerful accumulate wealth while the middle 
class shrinks and families struggle to stay afloat. Study after study 
has shown that instead of promoting jobs or growth, tax cuts for the 
rich have increased inequality.
  It is time to reject the failed theory of trickle-down economics and 
finally give everyday Americans a fair shot.
  The Build Back Better Act will provide one of the biggest middle-
class tax cuts in history and invest in the American people to build a 
stronger, more inclusive economy.
  The best part? It is paid for by making those at the top finally pay 
their fair share.
  The system has been rigged against most Americans for far too long. 
We have a chance to fix it now. Let's get it done.

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