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CSPAN2 U S Senate U S Senate July 13, 2024

That should be the basic ingredients of tax reform. First it should be fair to taxpayers of this country. The tax bill enacted two years ago was certainly not fair. It failed in that test. As i pointed out, who benefited . Well, large corporations benefited dramatically by this bill, but they said look, well pass it on to the workers. But did they pass it on to the workers . In 2018, 1. 1 trillion were used to repurchase stock to make the wealthiest even wealthier and did not go to the benefit of the workers. It benefited the greatest on the personal income tax side to the highest income taxpayers. They are the ones who benefited the most. It was not fair to middleclass taxpayers. Secondly, a tax reform bill should be fiscally responsible. After all, we have taxes in order to raise revenue, in order to pay for services so we dont borrow from the future for our children and grandchildren to pay for what were doing today. The administration said that this would be a fiscally responsible

CSPAN2 U S Senate U S Senate July 13, 2024

Dick clark and john culver. Berkeley would go on to represent iowas sixth Congressional District for six terms. From 1975 to 1987. And i presume he would have served a lot longer if his health had held out, even though he lived another 30 lets see, you add it up, about another 32 years after that. Although berkeley and i didnt share the same political points of view, we did share a common approach for representative government, meaning with dialogue and feedback that was very necessary from our iowans if we were going to represent them properly, and most often the forum for that was our respective town hall meetings. Throughout our Service Together in congress, party labels didnt displace our ability to work with and for iowans. As one example, during the farm crisis of the 1980s, which is much worse than this farm crisis we have right now, we used our voices to raise Public Awareness and steer help to struggling farm communities in our home state. We did Everything Possible to shape f

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