Political Quotes

Paul Coverdell: “Maybe it is just a disagreement between the two of us about what constitutes wealth. I do not consider families…”

On the recordFebruary 29, 2000
Maybe it is just a disagreement between the two of us about what constitutes wealth. I do not consider families, middle-income, earning $75,000 or less, as wealthy people. Maybe the Senator from Illinois or some other analysis does, but I do not. I think this is the backbone of the country. They are the people who bear the largest burden of the Tax Code. They are having a hard time. Their income tax is at the highest level since World War II. It is so high now that with the disposable income available to them, to do the things we expect them to do about raising their families, they cannot do any more. So we may just have a disagreement over who is considered wealthy.
Said by
Paul Coverdell
Georgia
Source
govinfo.gov

Editor's note · Context

Discussing the definition of wealth and the tax burden on middle-income families.

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