Seat, despite the fact wert a jju investments in infrastructure create jobs now and make us stronger in the future. This committee has not held a hearing on this topic in the last four pd discussions with the chairman, we can Reach Agreement quickly on Holding Hearings on the financing of major infrastructure legislation as discussed. Tax reform as you say must be a central focus of this committee. Democrats believe that reforming the tax code should not be centered on right cuts at the; very top for the wealthiest americans and weve seen from the chart why thats true. But rather on creating ùhn taxw v code that is fair for working families promoting Economic Growth and eliminating loopholes for special interestyj n and insuring thata ÷ both individuals and share of taxes. Under any circumstances and i emphasize that mr. Chairman and colleagues, weoind learned in and we relearned more recently that tax reform to balprogress it is essential that there be serious, openn tn discussions
Of production to the best of their abilityx x focus onkrnn striping awaydtbn interferences for productivity growth. What kind of policies are wc they. Trade ii policies are a great opportunity right now. The tpp and estimates in my testimony suggest this could increase gdp by 200 billion if fully h. 4himplemented. This has been historically a spur ofifqhy trade growth. We saw a tremendous boom in trade technologies. To get that done, you do have to2onn give the president trade promotion tax reform is a great opportunity. I dont belabor the pieces that are this my written vw5 testimony but its complicated and raises almost no revenue so were in the worst of all possible places with our corporate code. The last is, i would argue that it is riddled with antigrowth features. Theres a lot of very bad tax put the need for revenue but the structure of the 4ct device tax and insurance fee are highly efficient and ought to be looked atienx q÷ xt . Carefully. The basic expansion of3where we nee
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