Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I thank the gentleman from Georgia (Mr. Linder) for the time, and I rise today in opposition to the underlying bill and the closed rule providing for its consideration.…
Mr. Speaker, I yield myself such time as I may consume.
Mr. Speaker, I thank the gentleman from Georgia (Mr. Linder) for the time, and I rise today in opposition to the underlying bill and the closed rule providing for its consideration.
Once again, my friends on the Republican side have come to this floor in a restrictive manner stifling debate before it is even allowed to begin. The majority preaches fairness and inclusiveness while practicing and maintaining an agenda that divides and obstructs.
The gentleman from Georgia (Mr. Linder) previously suggested it is a fair rule because it allows for a Democratic substitute. With all due respect to the gentleman, this rule is anything but fair, and it is far from open. The rule does make in order an amendment offered by the gentleman from New York (Mr. Rangel), the ranking member on the Committee on Ways and Means. The Rangel substitute is far more encompassing than the Republican proposal, easier to understand, and most importantly, it pays for itself.
Despite making this amendment in order, the rule blocks the gentleman from Washington (Mr. Baird) from offering an amendment dealing with the deductibility of State income taxes or State sales taxes. Yesterday evening, the Baird measure came to the Committee on Rules. The gentleman from Washington asked that his amendment be made in order under the rule. In typical fashion, Republicans are blocking what they may not be able to defeat. Just like Shakespeare wrote, a rose by any other name would smell as sweet; a closed rule will always stink, and not even dozens of roses could blanket this stench.
The so-called Middle-Class Alternative Minimum Tax Relief Act that the House will consider later today is just another example of the majority's recklessly irresponsible tax agenda, not to mention creative naming practices. Even at first glance, this bill fails America's middle class. Folks, it raises taxes on the middle class. I do not know about the rest of my colleagues, but I have a pretty tough time making the argument in the district that I am proud to represent that a household income between $100,000 and $200,000 is middle class because in the district I represent, the average household income is barely $31,000.
In that district that I am proud to represent, $100,000 in household income is upper class by any definition; yet this is the income level that the majority continues to use as an example when making the case to eliminate the AMT.
The majority maintains that extending AMT exemptions help the middle class. I say it neglects America's real middle class. It raises their taxes. If Congress is serious about helping middle-class families, then it ought to use the $18 billion we are spending on the AMT extension this year alone and invest in the public schools which middle-class children attend. Congress should use the $18 billion and invest in health insurance for the 8.1 million uninsured middle-class Americans. Furthermore, 1-year fixes do not solve our problems. Over a 10-year period, this really will cost us $559 billion. It would be easier to eliminate the entire income tax. It would cost us less than what the Republicans are proposing under the AMT provisions that they offer.
Or if we really want to make a statement about our priorities, Congress should dedicate this $18 billion to the transportation reauthorization bill, a bill that a colleague of ours noted last week is currently stuck in a Republican legislative traffic jam. If we take this $18 billion and add it to the nearly $96 billion that we spent last week in eliminating the marriage tax, we have got ourselves more than 110 billion in
new dollars to invest in America's transportation and infrastructure. At the same time, we would be creating some 4.6 million new jobs. Congress could have the $375 billion transportation bill that America needs without any increase in the gas tax and avoiding a Presidential veto. Instead, the majority chooses to cut taxes at the expense of our national priorities.
Mr. Speaker, I do not know any tax cuts that can teach high school algebra. I certainly cannot recall ever meeting a tax cut that could build a road. But I do know the Bush administration tax cuts, that 3 years of those have stalemated this body to the point that we are unable to adequately address long-term unemployment, an increasing number of uninsured people, escalating costs for health care, the uncertainty of an aging Social Security program, and an inadequate transportation system in this great country of ours. Three years of the Bush administration tax cuts have resulted in the largest deficit in the history of America, the greatest decline in household income in nearly 40 years, and an economy that is showing no immediate signs of recovery to help the more than 8 million unemployed Americans. Most important, tax cuts affect our ability to provide for America's military.
Let me send a message to President Bush and his minions. We cannot have guns and butter and ice cream as they propose. Our country has serious needs. Mr. Speaker, the underlying resolution neglects all of them. For that reason and that reason alone, Members should stand up against the interests of a few at the expense of all. I urge my colleagues to oppose this closed rule and reject the underlying resolution.
Mr. Speaker, I reserve the balance of my time.
Mr. Speaker, I yield myself such time as I may consume.
Most respectfully, my friend from Georgia has misspoken. If he reads my comment, he will understand that I said the Baird measure was proposed before the Committee on Rules last night. I was there like the gentleman from Georgia was. I do know, as a matter of fact, the gentleman from New York (Mr. Israel) presented the measure, and it was not accepted by us.
Mr. Speaker, I yield 3 minutes to the gentleman from Texas (Mr. Frost), the ranking member of the Committee on Rules.
(Mr. Frost asked and was given permission to revise and extend his remarks.)
Mr. Speaker, I note that all of my Republican colleagues who have such great interest in this AMT are just showing up in great numbers to speak on this measure.
Mr. Speaker, I yield 2 minutes to the gentleman from Tennessee (Mr. Cooper).
(Mr. Cooper asked and was given permission to revise and extend his remarks.)
Mr. Speaker, I would urge our colleagues who are back in their offices and committees to come on down here and explain to the middle class in America why this AMT is not a tax increase on them.
Mr. Speaker, I yield 2 minutes to the gentleman from Tennessee (Mr. Davis).
The name of the bill, Mr. Speaker, does not make it any more correct. The problem still exists.
Mr. Speaker, I yield 2 minutes to the gentleman from Texas (Mr. Lampson).
Mr. Speaker, how much time remains on each side?
Mr. Speaker, I yield myself such time as I may consume.
Twenty-six minutes for those people who believe in this measure to come down here and prove to America that their provision on the AMT is not a tax increase on middle class America, yet they are not using that time.
Mr. Speaker, I yield three minutes to the gentleman from Texas (Mr. Stenholm), my good friend and good student of this process.
(Mr. STENHOLM asked and was given permission to revise and extend his remarks.)
Mr. Speaker, I yield myself such time as I may consume.
Mr. Speaker, by continuing the exemption for another year, 1 year, Republicans are incrementally trying to postpone the day of reckoning with the AMT. At some point a decision will have to be made to, number one, repeal some of President Bush's tax cuts or, number two, index the AMT for inflation at a cost of roughly $370 billion or, number three, eliminate the AMT altogether at a cost of $600 billion without the Bush tax cuts, or $900 billion if President Bush's tax cuts remain beyond 2010.
What I just said is a part of inside baseball that at best we could feed to the goats the language that we employ here. The mythical Ms. Johnson and Jane and Joe Lunch Bucket understand only one thing and one thing only, that we need to have a debate on how it affects them. No one comes into my office talking about an AMT. But people come into my office talking about health care. People come into the office of our all of us talking about education. People come to our offices to talk about supporting the military in an adequate fashion. And countless, thousands, of Americans come to us talking about either being uninsured or needing to have incentives for small businesses. And yet we find ourselves unable to have a discussion in this House of Representatives that is meaningful as far as economics are concerned. What we get are campaign gimmicks and fancy names of things that do not become the law.
This measures has passed the House of Representatives before. If the American people wanted it to be law, they would be in our offices saying they want this to be the law. We cannot get ten people in most of our communities to write a decent paragraph on what the alternative minimum tax really is. I dare say we could not get a whole lot of Members of the House to do likewise.
With that in mind, it is a confusing set of circumstances that is a 1-year fix. If you think so much of it, why did you stay in your offices and not come down here and explain to the American public why the middle class will not experience a tax increase over the haul of 10 years? What you do is you reduce the income taxes, then you eliminate the AMT on one hand and you take from the right hand and give to the left hand.
To correct my friend from Georgia, who will have the last word on this subject, correctly so, because he and his Members are in the majority, let me give him a summary of the motion that he brought to the House of Representatives. It says ``Providing for Consideration of H.R. 4227, Middle-Class Alternative Minimum Tax Relief Act of 2004, Mr. Linder, from the Committee on Rules, submitted the following.''
I shall not read the entire report, but since he took it upon himself to say that the Baird measure was not before us, I shall only refer to the language of the motion offered by the gentleman from Texas (Mr. Frost) last night when the gentleman from Georgia (Mr. Linder) and I were in the Committee on Rules.
``Summary of motion: To make in order and provide the appropriate waivers for the amendment offered by Representative Baird.'' Do not challenge me when I say that that was what was brought to us. That measure was defeated six to five by the majority, and I say today we have a chance to remedy that problem if Members, particularly those from Florida, were to see my Republican colleagues from Florida come down here and say that this is not a sound measure when all we have is a sales tax and right up the street somebody else with an income tax can deduct it from their Federal tax offering and we are unable to do this so. Fair is fair. This measure is not fair.
Mr. Speaker, I will be asking Members to vote ``no'' on the previous question. If the previous question is defeated, I will offer an amendment to the rule that will allow the House to vote on the Baird sales tax equity amendment that was offered in the Committee on Rules last night but not allowed by the Republican leadership. I think Members deserve an opportunity to vote on this important amendment. I want to point out that this is not a partisan amendment. It has support from both sides of the aisle as was demonstrated in the Committee on Rules vote yesterday.
The Baird amendment would allow taxpayers who itemize their deductions the option to deduct their State income tax or sales taxes paid in a given year. The option for deduction of sales taxes was available to taxpayers until 1986 when it was eliminated. The gentleman from Georgia (Mr. Linder) said that the gentleman from Missouri's (Mr. Gephardt) name was on that. I remind him that it was signed by President Ronald Reagan. However, taxpayers in those States with a State income tax still retain the ability to deduct those taxes. The loss of the State sales tax option was particularly tough for taxpayers in States with no income tax like my own State of Florida.
As a result, people in my State and others similarly situated pay more taxes than people with identical taxable incomes in States that have a State income tax. It is very important that we equalize the tax relief for citizens in those States without the State income taxes.
Let me emphasize that a ``no'' vote on the previous question will not stop consideration of H.R. 4227, the Middle-Class Alternative Minimum Tax Relief bill. But it will allow the House to vote on reinstating the sales tax deduction option and correct the current tax inequity. But a ``yes'' vote will block Members from an up or down vote on this important tax relief.
Again, I urge a ``no'' vote on the previous question.
Mr. Speaker, I ask unanimous consent that the text of the amendment be printed in the Record immediately prior to the vote on the previous question.
Mr. Speaker, I yield back the balance of my time.
The material previously referred to by Mr. Hastings of Florida is as follows:
In the resolution strike ``and (3)'' and insert the
following:
``(3) the amendment printed in Sec. 2 of this resolution if
offered by Representative Baird of Washington or a designee,
which shall be in order without intervention of any point of
order, shall be considered as read, and shall separately
debatable for 30 minutes equally divided and controlled by
the proponent and an opponent; and (4)''
Sec. 2. The amendment referred to in (3) follows:
At the end of the bill insert the following new section:
Mr. Speaker, I object to the vote on the ground that a quorum is not present and make the point of order that a quorum is not present.