Political Quotes

“Well, this is another issue that's going to be before the Congress in the next couple of weeks, and that is, what are we going to do about the 2001, 2003 tax reductions that expire on December 31? Those tax reductions were pushed forward by George W. Bush and the Republicans, who then controlled both this House and the Senate. And they wrote the tax law so that the middle-income got a little bit. It was worthwhile. It was a good reduction. But the real reduction went to those with the big bucks, those who had more than $250,000, $500,000, $1 million, $1 billion annual incomes. They got the big bucks. And what happened was, we saw, once again, the widening of the gap between the working men and women of the middle class and the high and the mighty, the top 1 percent of this Nation who now control 70, 80 percent of all the wealth of the Nation. They certainly have the big salaries. And do they need a tax break at the expense of an unemployed worker from a factory in your district, an unemployed worker from a factory or from a school in my district? I don't think so. Let's talk about what it is. For those making $1 million a year, the tax cut is worth $83,000 a year. Now, you tell me how many out there in middle America are making $83,000 a year. Well, we know that there are 2 million that are unemployed that certainly aren't. But if you took that money, that $83,000 for all those millionaires, you could create 3 million jobs that would pay $30,000 a year.”