Jack Kingston: “I am certainly glad tonight to have an opportunity to discuss this tax bill with my Democrat colleagues and Republican…”

“I am certainly glad tonight to have an opportunity to discuss this tax bill with my Democrat colleagues and Republican colleagues. Tomorrow we are going to vote on the first tax relief bill in 16 years. It is a bill that gives capital gains tax relief and a $500 per child tax credit, it gives death tax relief, a college scholarship or deduction, the HOPE scholarship, and the American dream IRA. Make no mistake, this tax bill is not perfect by any stretch of the imagination, but it is the first tax bill that we have had in over 16 years. We are hearing a lot from the Democrats that this tax bill, or it is kind of interesting to hear it coming from some of the speakers, that for the first time they are saying, it is not a question of tax relief. I do not understand that. They have had this Chamber for 40 years. They have never passed tax relief until Ronald Reagan shoved it on them. But they have been passing lots of tax increases, and what they are saying is, well, we want tax relief, but not this. Does that sound familiar? If you are a watcher of politics, you will know this is the same thing they have always said on the budget: Of course we want to balance the budget, but not here, not now, not this bill. It is the same old thing.”