Cliff Stearns: “today is tax day. I think most of us would agree that we are taxed too much. But do we really need to tax seniors like…”

“today is tax day. I think most of us would agree that we are taxed too much. But do we really need to tax seniors like we do? I do not think so. Sadly, that is precisely what happened with the Clinton 1993 budget package. Some might try to argue that that was a good package. They were wrong. They are still wrong. These folks in the administration have long pursued a tax and spend policy. Try telling seniors that their taxes on Social Security are fair and necessary. I have introduced legislation to roll back this additional tax burden that was placed on seniors by the Clinton administration in 1993. It also includes indexation of capital gains and American dream savings accounts for young people who are trying to purchase their first home. I urge my colleagues who believe in tax relief, true tax relief for all Americans, to sponsor my bill which is budget neutral. It is H.R. 1266. It is entitled the Budget Neutral American Tax Relief Act.”