I think for a long time we have been trying to make an effort to let people who pay taxes keep more of their own hard-earned money. Yet all we hear is that all of this is for the rich. Let us talk about what 'rich' means. 2.4 million elementary and high school teachers have family incomes, and they are considered rich; 1.7 million union members have family incomes, and they are considered rich; 8.1 million Federal, State, and local government workers have family incomes, and they are considered rich; 120,000 editors and reporters across the country are considered rich; and 4.2 million mechanics and repairmen and construction workers have family incomes that under the administration's definition of rich, they are considered rich. I would like to ask, if I might, for anybody on that side to stand up and when they say we are returning money to the rich, define what they mean by rich. If Members believe we should have everybody receive a $500 per child tax credit, even those who do not pay taxes, they should be honest enough to call it what they are talking about. They are talking about a welfare program. What we are trying to do is return some of the hard-earned money that working people in this country earn who work every day.
Charles Norwood: “I think for a long time we have been trying to make an effort to let people who pay taxes keep more of their own…”
Editor's note · Context
Discussing tax credits and the definition of 'rich' in relation to tax policy.
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