Mr. Chairman, this tax relief bill will give something like $4.5 billion of tax relief to the people of Georgia, and I am proud to be standing here in support of it. Four and one-half billion dollars of tax relief for Georgians. For the last several months we have heard opponents claim that the Contract With America is against children. They claim the welfare bill and this tax bill are antifamily and antichild. Well, Mr. Chairman, our opponents are wrong, and they know it. The truth is that every legislative component of the Contract With America is designed to benefit all Americans, individuals, families, and especially children. The Contract With America, and specifically this tax relief legislation, is 100 percent proresponsibility, pro-family, and prochildren. This legislation contains a new American dream savings account that reduces tax penalties on those that save money and use those savings for education, medical costs, and home purchases. It is profamily and prochildren. This legislation reduces the marriage penalty, making it profamily and prochildren. It provides $5,000 tax credit to help thousands of families overcome the financial obstacles of adoption. It is profamily and prochildren.
Mike Collins: “Mr. Chairman, this tax relief bill will give something like $4.5 billion of tax relief to the people of Georgia, and I…”
On the recordApril 5, 1995
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govinfo.govEditor's note · Context
Discussing the benefits of a tax relief bill during a committee meeting.
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