Political Quotes

Charles Norwood: “Earlier today when we were listening to this litany of half-truths, one of the statements that kept coming up is that…”

On the recordMarch 2, 1995
Earlier today when we were listening to this litany of half-truths, one of the statements that kept coming up is that well, we want a capital gains tax so we can give it to our rich friends, and that will keep us from funding the nutritional programs. Well, first, I think we have already decided that we are funding the nutritional programs. But I think it is pretty important to understand that a cut in capital gains very well will help reduce the deficit, not add to the deficit. But our friends from the other side who have been there so long, I think 40 years or so, they have been there so long they do not realize that a cut in capital gains tax is not for the rich, it is for many, many average Americans.
Said by
Charles Norwood
Georgia
Source
govinfo.gov

Editor's note · Context

Discussing the implications of capital gains tax cuts during a debate on funding nutritional programs.

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