the great danger with these conversations about ``let's get the rich'' is, we got 115 of them, I think, with the so-called AMT tax. Today it traps, according to the Senator from New Hampshire, 20 million Americans. That seems to be the way things go. So I thank the Senator for his time, and I wish to move on to a different subject. We are talking really--it is the same subject--about the Federal budget and how to fix the family budget. The Senator from New Hampshire has eloquently described how the Democratic budget will wreck the Federal budget by raising taxes--which we have just had a beautiful speech about the need for higher taxes--more debt, and more spending. That is one view of how we move ahead in this country. The view on this side is that we wish to help balance the family budget. Now, the subject I wish to talk about has to do with where most families get their jobs. We balance the family budget by lower energy prices, which we talked about earlier, by lower taxes--that is one way to do that--by helping every American have access to health insurance without the Government picking their doctor. Another way is to make sure the small businesses of America have the opportunity to make a profit, to create jobs, to take some money home, and to avoid unnecessary costs.
Douglas Alexander: “the great danger with these conversations about ``let's get the rich'' is, we got 115 of them, I think, with the…”
Editor's note · Context
Discussing the impact of tax policies on families and small businesses during a budget debate.
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