Political Quotes

On the recordApril 5, 1995
It eliminates the repeal of the tax on social security benefits. It eliminates the tax coverage for long-term insurance, accelerated death benefits and long-term care benefits. It eliminates the capital gains tax reduction. It eliminates the neutral cost recovery provisions. It eliminates the repeal of the alternative minimum tax. It eliminates the taxpayer debt buy-down. It eliminates the small business expensing. It eliminates the elderly care tax credit. It eliminates the tax credit for adoption. It eliminates the increase in social security earnings test. In other words, Mr. Speaker, what this piece of legislation did or this attempt on the motion to recommit was a lot more than the four items which were mentioned here. Quite frankly, this is one Member who was influenced by what he said and what he put on that board and would be tremendously impacted by that, perhaps even at the sake of a vote and I think that is a real problem in the House of Representatives.
Said by
Michael Castle
Delaware

Editor's note · Context

Discussing the implications of a motion to recommit legislation related to tax provisions.

Share

More from Michael Castle

May 11, 2009

I am a strong supporter of No Child Left Behind, at least conceptually, that we passed in 2001 to address the achievement gap.

congress.gov
Jul 8, 2009

I happen to agree with Mr. Paul. Mr. Paul and I don't always agree, but I happen to agree with him with respect to his legislation and with the idea that we do need more transparency from the Fed.

congress.gov
Jun 2, 2009

While the GSEs are important, we also need to consider other aspects of housing finance and their role in the market moving forward.

congress.gov
Jun 15, 2009

Technology is a wonderful and necessary addition to our schools, but it hasn't come for free.

congress.gov

Other voices in this conversation