Congressman Doyle Opposes GOP Tax Bill

Nov 15, 2017 Issues: Budget

Washington, DC – U.S. Representative Mike Doyle (D-PA-14) spoke against H.R. 1, legislation to give massive tax cuts to corporations and the wealthy, when it was considered on the House Floor.

Click here to see his remarks.

The text of his remarks follow. 

Madam Speaker, I rise today in opposition to this terrible bill.

Many of my colleagues have called it a scam – and they’re absolutely right.

Supporters of this bill have said “Everybody gets a tax cut.” That’s not true. Millions of Americans get a tax INCREASE – more and more each year, in fact.

Supporters of this bill have called it a Middle Class tax cut. That’s not true. The lion’s share of the money goes to corporations and households making a million dollars or more – NOT families struggling to get by from paycheck to paycheck.

And what this bill gives the middle class with one hand, it takes away with the other – with devastating consequences for households with high medical costs, lots of student loans, or high state and local taxes.

Supporters of this bill have claimed that it will keep companies from moving jobs overseas; create new jobs here at home; and raise wages for American workers. That’s not true. While this bill cuts corporate tax rates, it creates NEW incentives for shipping US jobs abroad.

Finally, does anyone really believe that tax cuts for corporations and the rich will trickle down to the rest of us? It’s never worked before – not in 1981, not in 2001 and not in Kansas in 2012. Make no mistake – this massive tax cut for corporations and the rich will increase deficits and the national debt by trillions of dollars, sticking the rest of us, especially our kids, with the bill.

Madam Speaker, this massive tax cut for corporations and the wealthy isn’t a Middle Class tax cut. It won’t create jobs or raise wages. It isn’t simple, it isn’t reform, and it certainly won’t pay for itself.

If we want to increase economic growth, let’s give a REAL tax break to the Middle Class. They’ll put that money right back into the economy. That’s the way to create jobs and boost wages.

I urge my colleagues to reject this giveaway to the rich – and start over on a bipartisan tax reform bill that helps the Americans who need help the most.