On the recordJuly 23, 1997
sometimes you have to wonder if those on the other side who are talking about the tax package are misinformed or simply uninformed. Maybe they have not read the bill. Maybe they are so uncomfortable with the idea of tax cuts that they are attacking the bill out of habit more than conviction. Whatever the case, it seems that the rhetoric I am hearing has no connection to reality. If a person were to call me and say, hello, I make $500,000 a year, how would your tax proposal affect me, I would have to give him bad news. Would he be eligible for $500 per child tax credit? No. Would he be eligible for the education tax credit? No. That is interesting. I thought that those were the two biggest provisions that were included in this tax package. They are. Not a penny of it goes to high income people. Just from this fact alone, we can see that the charges that this tax cut package goes primarily to the rich are false.
Source
govinfo.gov
