This is not an official government website.
© 2026 PLEJ LC. All rights reserved.
Congressional Daily Record
This section captures a floor statement or debate entry. It mentions members such as Seth Magaziner.
Issued
April 29, 2026
house side of the record
People
1
Linked members mentioned in this section
Legislation
0
No linked legislation in this section
Committees
0
No linked committees in this section
Senate Holds
0
No hold activity linked here
Source Document
Connected Data
People mentioned
Source Control
Reader mode is for comprehension. The linked government PDF is the official published source.
Download official House Record PDFReturn to issue contextMr. MAGAZINER asked and was given permission to address the House for 1 minute and to revise and extend his remarks.)
Mr. MAGAZINER. Mr. Speaker, last year, 88 of the most profitable companies in America paid zero in Federal income taxes. Citigroup made over $4 billion in its U.S. businesses last year, no Federal taxes paid; Halliburton nearly $1 billion and paid no taxes; Tesla more than $5 billion of profits and paid no taxes.
powerful corporations pay less in taxes than the teachers, doctors, firefighters, and nurses whom I represent?
How is that?
Mr. Speaker, that is what happens when you have a city in Washington that is for sale. The wealthy and well-connected get tax breaks, and average people get stuck with the bill. This is why we need to get dark money out of elections. This is why we need to end congressional stock trading.
have that, the wealthy and well-connected are going to continue to get tax breaks while working people get screwed.