On the recordApril 6, 1995
I do not believe in class warfare. I believe in fairness, justice, and the judicial system, as well as in our economy. What happened in the House last evening is one of the most bizarre things I have witnessed in my 20 years in the U.S. Senate. A tax cut--a tax cut--of about $180 billion over the next 5 years but which balloons to about $600 to $700 billion for the 10-year period. In other words, $180 billion for the first 5 years, and between $400 and $500 billion for the next 5 years. To get on with the story, I do not like class warfare but how do we say to the American people that the tax bill that passed last evening provides a tax cut for people who make over $200,000 a year, provides them a tax cut of $11,266--and that is per year--and provides an average for those who make zero to $30,000 a year, gives them $124 a year.
Source
govinfo.gov
