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Family and Small Business Taxpayer Protection Act

Floor Speech

Date: Jan. 9, 2023
Location: Washington, DC

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Mr. BLUMENAUER. Mr. Speaker, I appreciate how Mr. Neal laid out the facts here.

The Family and Small Business Taxpayer Protection Act is a sham. The facts are that this legislation will shield tax cheats at the expense of working families.

The last time Republicans were in charge, they systematically defunded the IRS. The agency lost nearly 20 percent of its funding, shed more than 20,000 employees, and the audit rate for millionaires dropped 70 percent. We heard one of our Republican colleagues make that point.

This legislation will enable those at the top of the heap to be able to remember the taxes they should have reported. It raises, as we have heard, $187 billion in revenue. This bill, if enacted, would add to the deficit $114 billion because it is misguided and misdirected and wrong.

Mr. Speaker, I strongly urge the rejection of this legislation enforcement of the laws for everybody.

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