Jack Kingston: “we are in a very important debate right now over taxes. The Republican Party is working for middle-class tax relief, and…”

“we are in a very important debate right now over taxes. The Republican Party is working for middle-class tax relief, and the liberal Members of the Democrat Party and the President are working against middle-class tax relief. I think it is ironic that a President who ran in 1992 on a platform of supporting middle-class tax relief is now fighting middle-class tax relief. As my colleagues know, once the President was elected, his first act in 1993 was to pass the largest tax increase in the history of this country. Now, we are at another debate. For the first time in 16 years, because of a Republican majority in the House and Senate, we have an opportunity to give significant tax relief, and yet we are being accused of all kinds of things and we are having to fight for this. It is interesting, because 76 percent of the people who will benefit from the tax relief have a household income of $75,000 or less. Only 1 percent of those who are going to have a tax benefit have a household income of over $200,000, yet we are being accused of giving a tax break for the wealthy. Mr. Speaker, I do not know what it is with the liberal psyche that being wealthy is synonymous with being evil. It is interesting, because entrepreneurs and people who tend to be wealthy create jobs in this country, and yet liberals seem to hate the job-creator. I strongly believe that we need tax relief for the middle-class, and will the entrepreneurs also benefit from it? Yes, they will. Is it bad?…”