Everybody in this Chamber and everybody within the sound of my voice knows that what we are doing tonight is show business; not very good show business, but show business. The Organization for Economic Cooperation and Development, which keeps statistics on all of the industrialized countries on Earth, tells us that there are 24 industrialized countries on Earth. Of those 24 industrialized countries on Earth, the United States has the lowest tax rate of any of those 24 countries. This is not ancient history, this is today's history, compiled by the OECD. They are not an American organization. The United States is a member of the OECD, but the headquarters of it is in Europe. It rates all of the industrialized nations. Of all of the industrialized nations, the United States of America, this Federal Government, has the lowest tax rate of any of them.
Sam Gibbons: “Everybody in this Chamber and everybody within the sound of my voice knows that what we are doing tonight is show…”
Editor's note · Context
Discussing tax rates in relation to a debate on government spending.
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