JOHN LINDER: “The liberals have always trotted out liberal so-called nonpartisan organizations to argue against letting people keep…”

“The liberals have always trotted out liberal so-called nonpartisan organizations to argue against letting people keep more of what they earn, and we are seeing it now. How do these people get wealthy? Let me tell my colleagues how the administration determines who is wealthy. They determine what one's income is, say it is $50,000 a year, and then the Treasury Department says, but, aha, if one is living in one's own home and one could rent it for $10,000, one must consider that as more income, even though one does not get it. If one owns an asset that has appreciated in value and have not sold it, their proposal says, if it has grown in value, one must consider that as part of one's annual wealth. So they have bogused up these numbers to make everybody appear wealthy so they can transfer more money as welfare to the poor. This is an effort to undermine last year's welfare reform. I would like to also point out that their arguments go against the Joint Tax Committee's argument, which is the only official organ for determining distribution tables.”