On the recordMay 7, 2003
One day you will be lucky enough to join the ranks of all of us who are married. And when that happens, you and your wife will start, well, let us say right now you are in the 20 percent tax bracket and she is in the 20 percent tax bracket, but when you get married and your income becomes one, suddenly you will be in the 25 percent tax bracket. And the only thing that happened is you walked down the aisle together and made an oath, and that is not right. It penalizes people from getting married. It encourages people to live together. It does not make sense. We are trying to end the marriage tax penalty. Another thing we are proposing to do in order to create jobs is to reduce the tax rates. Rates going from 28 to 25 percent, from 31 to 28 percent, from 36 to 33 percent and 39.6 to 35 percent. Again, it is common sense. And the interesting thing is that Democrats have already voted this on a bipartisan basis. All we are saying is let us accelerate this because the economy needs help now. And, unfortunately, sometimes you wonder in this town because everything else under the sun seems to happen, you wonder if people would rather have the economy stay in the tank so that their political party is benefited. And I think that is a sick thing to do if you are playing with people's jobs and people's future just so your party can do well.
Source
govinfo.gov




