Congressman Evans Statement on Second Vote to Pass H.R. 1, the GOP Tax Scam of 2017
Today Congressman Dwight Evans (PA-02) released the following statement after voting ‘No’ on H.R. 1, the Tax Cuts and Jobs Act again because the report sent to the Senate violated the Senate’s Byrd rule, which prohibits the tax overhaul package from losing revenue outside the budget window.
Not only was the Byrd Rule violated, but so were the American people with this job-killing tax bill which relied on jaded budget gimmicks in order to pass. As I noted in my release yesterday, our country has not seen bipartisan tax reform since 1986, yet my colleagues in the GOP missed the last chance to avert a massive shift of wealth to the rich, while gouging the poor. The way the Republican Party and the Trump Administration are going about tax reform is all wrong. Real tax reform, not the phony charade that we just witnessed, must be comprehensive, simplify our tax code, and ensure a progressive tax code that helps move everyone in our neighborhoods forward, without arbitrarily picking winners and losers. Today, the American people lost and the owners of foreign banks won because that’s where many deposits will go as corporations continue to game the system with the advent of territorial taxation, parking money offshore instead of putting it into plant and equipment, and most critically, new American jobs.
“Governing is all about choices. And once again, we see the Republican Party and the Trump Administration make a choice that I firmly believe is a step in the wrong direction for the people of Philadelphia and America. Their bill H.R.1, the Tax Cuts and Jobs Act, does absolutely nothing to move our country forward—it is a bridge to nowhere. I’ve said it many times before and I’ll say it again there is no such thing as a free lunch. It is our most vulnerable who will pay the price under this bait-and-switch tax scam. The Republican Party always talks a big game about how Democrats are the party of taxing and spending but today it was the Republican Party who peddled a sham bill to hard-working Americans that shifts the financial burden on generations to come. Where is the Tea Party which was up in arms when President Obama and Congress worked to stabilize our economy? I thought they cared about the debt and deficit,” Congressman Evans said.
Before the champagne is uncorked I would like my colleagues on the other side to consider this fact: corporate revenues as a percent of total revenues fell for 14.5 percent to 9.2 percent from 2006 to 2016. Despite concerns expressed about the size of the corporate tax rate, current corporate taxes are extremely low by historical standards, whether measured as a share of output or based on the effective tax rate on income, based on historical CBO research. With the huge drop in the corporate tax rate, my guess is that it will only mean less tax receipts overall. That means cuts to programs like CHIP, SNAP, and education, from the early childhood to the later stages of education. What happened to the land of opportunity?
“Today’s vote is an incredibly disappointing step in the wrong direction. We should be in the business of ‘doing no harm’ and working to ensure our neighborhoods have the tools and resources they need to be successful. It is entirely counterintuitive for the Republican Party to vote against their own interests and the interests of our neighborhoods by voting to take away life-lines of success from our cities and suburbs in need. Where are fiscally conservative Members who heckled the Obama Administration about spending? The citizens of Pennsylvania and the American people will not forget the choice that was made here today,” Evans said.
Media Contact: Becca Brukman, 202-225-4001, Becca.Brukman@mail.house.gov