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releases: https://gabbard.house.gov/news/press-releases/video-rep-tulsi-gabbard-votes-against-republican-corporate-giveaway-tax-bill

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Data license: MIT · Data source: dwillis/congress-press

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https://gabbard.house.gov/news/press-releases/video-rep-tulsi-gabbard-votes-against-republican-corporate-giveaway-tax-bill VIDEO: Rep. Tulsi Gabbard Votes Against Republican "Corporate Giveaway" Tax Bill 2017-12-19 2017 2017-12 Democrat House HI Tulsi Gabbard G000571 gabbard.house.gov     legacy Washington, DCRep. Tulsi Gabbard (HI-02) today spoke on the House floor, opposingthe Republicans tax reform legislation that provides major taxgiveawaysto corporations and the top one percent on the backs of lower-income and middle-class Americans, adding $1.4 trillion to the nation's deficit. After resolving the differences between the House and Senate versions of the tax reform legislation in a conference committee, H.R. 1 was passed by the House by a vote of 227-203 today, but will require a re-vote tomorrow due to technical changerequirementsrecently discovered by the Senate. Video of Rep. Tulsi Gabbards Speech is Available Here Congresswoman Tulsi Gabbard said: There's no doubt the American people need and want real tax reform. But rather than passing a strong, inclusive, and bipartisan bill focused on helping hardworking middle-class families, today Republicans passed a bill filled with massive corporate giveaways and loopholes for the ultra-wealthy. For example, the top one percent in our country will receive over 82 percent of the entire tax benefit in the bill they passed today. As long as Congress continues to pass legislation for partisan, political reasons that serve special corporate interests instead of the families that are struggling just to get by every day, where lobbyists have more input in the writing of this legislation than many Members of Congress, the American people lose. I oppose this legislation today. It's a disappointment and a huge lost opportunity to actually help so many struggling families all across the country. Harmful provisions in the tax bill include: Dismantling the State and Local Tax (SALT) Deduction, which will effectively raise taxes on those who will no longer benefit from the deduction. Under current law, the SALT deduction is unlimited, but this legislation limits the deductions of both individuals and couples up to only $10,000, while allowing corporations and pass-through entities to continue claiming the unlimited deduction. Making billions of dollars in environmentally harmful fossil fuel subsidies permanent while putting incentives for clean energy in jeopardy. Permanently lowering corporate taxes rates to 21 percent-- the largest one-time corporate tax cut in U.S. history--while making tax cuts for some middle class families temporary. By 2026, over 86 million low and middle class families will pay higher taxes than they do today. Cutting taxes for Americas top wage earners by nearly three percent and raising the threshold at which that tax rate kicks in to $500,000 for individuals and $600,000 for married couples. Laying the foundation for a $136 billion cut to mandatory programs in FY2018 aloneincluding a mandatory $25 billion cut to Medicareto cover the offset of the $1.46 trillion dollar increase to our national deficit. In Hawaii, 245,000 people receive healthcare through Medicare. Reducing the limit on the mortgage interest deduction, further exacerbating the affordable housing crisis in Hawaii. Background: Congresswoman Tulsi Gabbard has fought to protect the hard-earned paychecks of low and middle income Americans and against corporate tax breaks throughout her time in Congress. She voted against the Republicans corporate giveaway tax bill in the House and called on the conference committee to serve and protect hardworking American families. Follow Rep. Tulsi Gabbard on social media: ### 1 2026-03-30T12:14:52Z 2026-03-30T12:14:52Z
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