The committee will come to order. At this time well consider postponement profltse. The question is on the and he clerk will call the roll. Mr. Johnson . Mr. Johnson, no. Mr. Nuance . Nunes . Mr. Tiberi . Mr. Tiberi, no. Mr. Reichert . No. Mr. Roskam . Mr. Roskam, no. Mr. Smith of nebraska . Miss jenkins . Miss jenkins, no. Mr. Paulson in mr. Paulson, no. Mr. Marchant . Ms. Black . Mr. Reed . Mr. Kelly . Mr. Kelly . No. Mr. Ranaci . No. Mr. Mean . Ms. Nome . Ms. Nome, no. Mr. Hold something mr. Holding, no. Mr. Smith of missouri . Mr. Smith, no. Mr. Wright . Mr. Wright, no. Schweigers in no. Ms. Malorsky, no. Mr. Crevello . Mr. Bishop . Mr. Bishop. No. Mr. Neal . Mr. Neal, yes. Mr. Levin, yes. Mr. Lewis, yes. Mr. Doggett . Mr. Doggett, yes. Mr. Thompson . Aye. Mr. Larsen, yes. Aye. Umenaur, mr. Kind . Mr. Kind, aye. Cral, yes. Mr. Davis . Aye. Ms. Sanchez . Aye. Mr. Hug insurance. Mr. Higgins, aye. Ms. Sewell, aye. Ms. Delbini, aye. Ms. Khu . Aye. Mr. Nunes . Mr. Smith of nebraska . Mr
Years later, this weekend on American History tv on cspan3. At yesterdays house ways and means session on the tax reform bill, members debated a series of democratic amendments and ended with a vote to move the bill to the full house. Congressman kevin brady chairs the markup session. This part of the meeting at three and a half hours. The committee will come to order. The clerk will call the role. Roll. Mr. Johnson . Mr. Johnson, no. Mr. Nuance . Nunes . Mr. Tiberi . Mr. Tiberi, no. Mr. Reichert . No. Mr. Roskam . Mr. Roskam, no. Mr. Smith of nebraska . Miss jenkins . Miss jenkins, no. Mr. Paulson in mr. Paulson, no. Mr. Marchant . Ms. Black . Mr. Reed . Mr. Kelly . Mr. Kelly . No. Mr. Ranaci . No. Mr. Mean . Ms. Nome . Ms. Nome, no. Mr. Hold something mr. Holding, no. Mr. Smith of missouri . Mr. Smith, no. Mr. Wright . Mr. Wright, no. Schweigers in no. Ms. Malorsky, no. Mr. Crevello . Mr. Bishop . Mr. Bishop. No. Mr. Neal . Mr. Neal, yes. Mr. Levin, yes. Mr. Lewis, yes. Mr. Doggett .
This is an hour and a half. Good afternoon, everybody. Welcome. My name is maureen conway. Vice president at the Aspen Institute and executive director. I am delighted to welcome you to todays conversation in our working in america series. At the Economic Opportunities program we do a lot a variety of work to advance ideas that will help low and moderate income americans connect to Economic Opportunity and thrive in a changing economy. In the working in america series in particular, we look at a variety of issues that affect the shape of opportunity that working americans face and consider ideas that could make things better for working people. Were extremely grateful to the ford foundation, to the prudential foundation, and the Walmart Foundation for their support of the working in america series. In todays conversation, as you have seen, well talk taxes and what tax reform could mean for low and moderate income workers in the United States. If you think about taxes, you probably try
This is an hour and a half. Good afternoon, everybody. Welcome. My name is maureen conway. Vice president at the Aspen Institute and executive director. I am delighted to welcome you to todays conversation in our working in america series. At the Economic Opportunities program we do a lot a variety of work to advance ideas that will help low and moderate income americans connect to Economic Opportunity and thrive in a changing economy. In the working in america series in particular, we look at a variety of issues that affect the shape of opportunity that working americans face and consider ideas that could make things better for working people. Were extremely grateful to the ford foundation, to the prudential foundation, and the Walmart Foundation for their support of the working in america series. In todays conversation, as you have seen, well talk taxes and what tax reform could mean for low and moderate income workers in the United States. If you think about taxes, you probably try
Lets start with what corporations are paying now. Line rate which is 35 . Top tax rate the on corporations. Theres lots of studies that have said that tax rate is substantially less than that. Were talking federal taxes. Were not talking entire state, and all that. Government accountability a nonpartisanis entity, they looked a the for years, 2008 to 2012, they profitable u. S. Corporation. They said theyre paying 14 tax rate. Thats more than half under what the effective tax rate is. Lots of studies that that essentially youre talking about trickle down. If you give more profits to know will spend the money to invest. That will create more jobs and economy. Academicsll, most dont believe studies dont show that trickle down works. We went through that before. Bang for the buck, you get a lot jobs created if you invest in infrastructure. Three times as much job infrastructure as you do with Corporate Tax breaks. Study. A cbo corporations are very flush with profits. Their profiters are