GOP Tax 2.0 Markup Begins: Trump Purchases GOP Silence with Another Giveaway to the Wealthy
***Press Release***
FOR IMMEDIATE RELEASE September 13, 2018 | Contact: Kate Stotesbery 202-225-4865 |
GOP Tax 2.0 Markup Begins: Trump Purchases GOP Silence with Another Giveaway to the Wealthy
Washington, D.C. — U.S. Congressman Lloyd Doggett (D-TX), Ranking Member of the Tax Policy Subcommittee of Ways & Means, spoke as the Ways & Means markup began concerning the second round of unpaid for Republican tax breaks for the wealthy. Watch his full remarks here. Excerpts below:
"It's well known that our Republican colleagues don't believe in climate change. This week we have some demonstration that they question hurricanes—at least letting them get in the way of another disaster, which is this bill. At least we have a week in Washington where ‘stormy' refers to something natural in terms of disasters.
This is about weatherizing and protecting the tax breaks that were adopted last year to try to ensure that the special benefits that were made available to the wealthiest few and the largest multinationals are protected on a long-term basis. The cost of the bill today, the cost of the bill that was adopted last year, is very high. More than a half a trillion dollars this year, with this proposal.
The tax bill's cost is not measured in dollars alone. Silence is one of the big costs of this bill. Silence from Republicans daily—silence about this President and all the wrongs that are being committed. Republicans will pay any price, bear any burden, ignore any tweet tantrum, as long as billionaires are protected with their tax breaks. In short, it's sealing lips to seal this tax bill."
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