On the recordNovember 13, 2001
I think you were in the House at that time as well, when we closed that terrible loophole and we made sure these companies, these companies that were popping champagne corks on tax day because they paid nothing in the defense of their country, paid nothing to educate one child, they paid nothing to give health care to one child, and we said that was wrong and we walked down the path and we put in a fair alternative minimum tax. Here they are, boys; they are back. They are back and they are trying to go back to those days when the largest corporations in America paid zero. Again, to use the 9-11 tragedy as an excuse to do this is beyond my ability to express. I usually don't have too much trouble, but this is horrific. Let's not go back to those days in the 1980s. I will give an example. Senator Robert Byrd told a story about a woman in Milwaukee, the mother of three children, who in 1983 earned $12,000. On that income, she paid more taxes than Boeing, GE, DuPont, and Texaco put together. Welcome back to those days, if you go with that House plan.
Source
govinfo.gov




