Rick Allen: “I rise to state that Americans need tax relief and I believe they need it now. Despite record economic growth for the…”

“I rise to state that Americans need tax relief and I believe they need it now. Despite record economic growth for the last several years, and huge budgeted surpluses in the last few years and in the future, I think these surpluses simply represent overtaxation of the American taxpayers. Americans, in recent years, have been repeatedly denied tax relief despite these surpluses because there were not enough Senators to override the President's veto--the previous President's veto. Excessive taxation limits the individual freedom of hard-working Americans, their families, and their enterprises. The fact is, Americans are paying more in taxes as a proportion of the gross domestic product than at any time since World War II. In fact, for this fiscal year, the Federal Government will pull out $1 of every $5 in the economy--20 percent of the economy is being taken by the Federal Government, even though there is a non-Social Security budget surplus in this year that is going to top $125 billion, and it is going to exceed $3.1 trillion over the next decade. I believe we must assure that Americans can keep more of their hard-earned dollars in their pockets.”