[Congressional Record Volume 171, Number 86 (Wednesday, May 21, 2025)]
[House]
[Page H2212]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REPUBLICAN TAX CUTS
(Mr. HARIDOPOLOS asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. HARIDOPOLOS. Mr. Speaker, every day I hear this big story about
how we are making big tax cuts for the rich.
Let's be abundantly clear once again, today, that the current tax
rate on the wealthiest Americans is 37 percent. Under the new law we
will be passing soon enough, it will stay at 37 percent.
The people who will get the true tax cuts in this bill are people who
have earned Social Security, people who have earned tips, and have
earned overtime pay. That is the message we need to make clear. It is
37 percent now, and it will be in the future.
We are not cutting taxes for the rich. We are looking out for the
folks that make America work every day and who have been hardest hit in
the last 4 years by high inflation and failed government policies.
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