On the recordMay 15, 2007
we celebrate anniversaries around here. We find times to look back. Today happens to be the fourth anniversary of the Senate passage of the last of the Bush tax cuts. We have heard a lot of rhetoric around here about those tax cuts. We heard it in advance, we heard it as they have gone along, we continue to hear it. I thought on the fourth anniversary of the Senate passage of the tax cuts it might be a wise idea to spend some time with some facts. Our former colleague, Senator Gramm of Texas, always used to say: I tell my children never argue about the facts. Facts are things you can look up. Argue about what the facts might mean, but don't argue about the facts. We don't take his advice as much as I think we should. We spend too much time arguing about the facts. Let's look them up. One of the things we are told constantly is that since the passage of the tax cuts, the rich have gotten richer, the tax burden has shifted from the rich to the poor, and that this is terrible and we need to reverse that trend. Well, let's look at a few facts.
Said by
Bill Bennett
Source
govinfo.gov