10.17.17

What Changed, Democrats?

Sen Schumer Two Years Ago: ‘By Standing Still, The United States Has Fallen Behind Other Countries’

UNIFIED TAX REFORM FRAMEWORK: “First, make the tax code simple, fair and easy to understand. Second, give American workers a pay raise by allowing them to keep more of their hard-earned paychecks. Third, make America the jobs magnet of the world by leveling the playing field for American businesses and workers. Finally, bring back trillions of dollars that are currently kept offshore to reinvest in the American economy.” (“Unified Framework For Fixing Our Broken Tax Code,” 9/27/2017)

‘The Current U.S. Tax System Is Broken And Needs Reform,’ It’s ‘Is An Anti-Competitive Mess’

SENS. CHUCK SCHUMER (D-NY) & ROB PORTMAN (R-OH): “Our current system of international taxation was put into place during the Kennedy Administration and reflects the realities of a different era. By standing still, the United States has fallen behind other countries that have adopted modern international tax rules to help their companies and workers compete in the global marketplace. … Like any major tax reform, fixing the international tax code won’t be easy, but it will be essential if we want U.S. businesses and their workers to be able to compete and win in an increasingly global economy.” (“International Tax Reform Working Group: Final Report,” Senate Finance Committee, 7/7/2015)

SEN. RON WYDEN (D-OR): “Comprehensive tax reform has to happen soon.” (U.S. Senate Finance Committee Hearing, 7/22/2014)

  • SEN. WYDEN: “The U.S. tax code is infected with the chronic diseases of loopholes and inefficiency. These infections are hobbling America's drive to create more good wage, red, white and blue jobs here at home. They are a significant drag on our economy and are harming U.S. competitiveness.” (U.S. Senate Finance Committee Hearing, 7/22/2014)
  • SEN. WYDEN: “The American tax code is an anti-competitive mess. Accountants, lawyers and fast buck artists looking for tax shelters feed off it. This mess is driving American investment dollars overseas, and, according to the Joint Committee on Taxation, it is costing American taxpayers billions.” (U.S. Senate Finance Committee Hearing, 7/22/2014)

SEN. CLAIRE McCASKILL (D-MO): “The current U.S. tax system is broken and needs reform.” (Sen. McCaskill, Press Release, 7/30/2015)

SEN. DEBBIE STABENOW (D-MI): “We need comprehensive tax reform in a global economy. There is no question about that. That is something I am confident we will be doing … We need to do that. We need to do it on a bipartisan basis.” (Sen. Stabenow, Congressional Record, S. 5189, 7/19/2012)

SEN. JOE MANCHIN (D-WV): “I have long advocated for meaningful tax reform that creates fairness in our system and lowers tax rates for everyone while closing the loopholes, exemptions and credits that make our system unfair now.” (Sen. Manchin, Press Release, 2/22/2012)

SEN. AMY KLOBUCHAR (D-MN): “There is bipartisan support for creating certainty, incentivizing job creation at home, and lowering our corporate tax rate and paying for it by eliminating loopholes.” (Sen. Klobuchar, Op-Ed “A Competitive Agenda for America,” The Guardian, 10/05/2014)

REP. NANCY PELOSI (D-CA): “I think we all would maybe agree that we should have tax simplification, tax fairness, and so what I say to my members who to the table for these negotiations, ‘Don’t be ideological.’ You just put growth in the middle of the table, how do we grow our economy with good paying jobs, and how do we have a tax plan that does that? So, we want simplification, so it’s clear. Fairness, so it’s fairer to people.” (KLRU’s “Overheard With Evan Smith,” 5/01/2017) 

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SENATE REPUBLICAN COMMUNICATIONS CENTER

Related Issues: Taxes, Middle Class, Senate Democrats, Jobs, Economy, Tax Reform