Political Quotes

On the recordJune 26, 1997
this is a great day for this House and for the citizens of the United States. Today we take a giant step in providing the tax relief that Americans so desperately need and deserve. Today we are about to let people keep more of their income to spend as they want--not as the Federal Government wants. This is the right thing to do. Taxpayers deserve to enjoy more of the fruits of their labors. The Federal Government has become too greedy, continually increasing the burden on our citizens so Washington can distribute taxpayer earnings to other groups in society. Today we begin to reverse that condition. Even so, we still have a long way to go. Mr. Chairman, I am pleased with many provisions of this bill. But two stand out as especially important for working Americans. The child tax credit and the education incentives. These provisions actually put money back in the pockets of ordinary, middle income people and help them provide for their children's education. Taxpayers with children get to take $500 per child off their total tax liability. Think of what that means to a young family struggling to get ahead and give their children opportunities. This bill gives families who send their children to college or other post secondary institutions a chance to keep more of their earnings to help with those higher education expenses.
Said by
Jim Kolbe
Arizona

Editor's note · Context

Discussing tax relief and its benefits for American families during a House floor debate.

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