Sam Gibbons: “it was 180 years ago that Daniel Webster said in the case of McCullough v. Maryland that the power to tax is the power…”

“it was 180 years ago that Daniel Webster said in the case of McCullough v. Maryland that the power to tax is the power to destroy. Well, today this Federal Government has been destroying working families all across America with excess taxation. I rise today to support H.J. Res. 37, the Tax Limitation Amendment, that will put a leash on this Federal Government by requiring a two-thirds majority vote in both Houses to raise taxes. In 1994, as a private citizen, I led an effort to amend our own State constitution with very similar language. I am proud to say that Nevada voters in two consecutive elections overwhelmingly passed that measure, and it has become a Nevada law. By passing this law, the citizens in Nevada declared in a loud and clear voice that they want to put a leash on the way government spending and burdensome taxes are increased. States whose governments have similarly imposed a supermajority requirement for tax increases experience greater economic growth, lower taxes and a reduced growth in government spending. The Federal Government needs to put this same fat-free diet into existence by making it more difficult to raise taxes on America's hard-working men and women.”