congressional_record: CREC-2017-11-08-pt1-PgH8645
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| granule_id | date | congress | session | volume | issue | title | chamber | granule_class | sub_granule_class | page_start | page_end | speakers | bills | citation | full_text |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CREC-2017-11-08-pt1-PgH8645 | 2017-11-08 | 115 | 1 | TAX REFORM AND CUTS TO THE WORK OPPORTUNITY TAX CREDIT | HOUSE | HOUSE | ALLOTHER | H8645 | H8645 | [{"name": "A. Donald McEachin", "role": "speaking"}] | [{"congress": "115", "type": "HR", "number": "1"}, {"congress": "115", "type": "HR", "number": "1"}] | 163 Cong. Rec. H8645 | Congressional Record, Volume 163 Issue 182 (Wednesday, November 8, 2017) [Congressional Record Volume 163, Number 182 (Wednesday, November 8, 2017)] [House] [Page H8645] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] TAX REFORM AND CUTS TO THE WORK OPPORTUNITY TAX CREDIT (Mr. McEACHIN asked and was given permission to address the House for 1 minute and to revise and extend his remarks.) Mr. McEACHIN. Mr. Speaker, today, I rise against H.R. 1, the so- called Tax Cuts and Jobs Act, and its effects on our veterans. H.R. 1 would cut the successful work opportunity tax credit, a Federal credit available for employers to incentivize them to hire veterans. In 2016, there were 453,000 veterans that were unemployed nationwide--16,000, alone, in Virginia. Mr. Speaker, today, on their behalf, I call on my Republican colleagues to find solutions that do not sacrifice those who have sacrificed enough. House Republicans have suggested that the work opportunity tax credit, at a cost of $1 billion, is simply too expensive to keep in place. However, I cannot help but wonder why the same is not said about repealing the estate tax, a $269 billion tax cut for the wealthy. My Democratic colleagues and I are taking a different approach by founding the Reinvesting in Our Returning Heroes Task Force. Instead of hurting, we are helping veteran businessowners and veterans who need jobs. Mr. Speaker, my father is buried in Arlington. He was a Korean war veteran. He said that the American GI only asked of his country what he was prepared to give, and that is his best. Mr. Speaker, this tax cut is not our best. ____________________ |