Political Quotes

On the recordDecember 15, 2010
Well, I thank the gentleman from Texas. Reclaiming my time, I look at the configuration of this proposal that is coming to the floor tomorrow and I am troubled by it. There are some good things in it. To ensure that the current tax brackets can run for 2 years, that is a good thing. It is not as good as it needs to be. It mitigates the damage of the increase that is impending in the death tax, but it doesn't address and fix the problem. It just makes it less egregious. So those are the good things about it. I am one who supports the credits for ethanol and biodiesel. I could make that argument, and it is not a bumper sticker argument. But the Federal Government has said we want you to invest your private sector capital in producing renewable fuels, and if you will do that, we will make sure there is enough there to get you started. Well, they invested, at least in my district, 3 years in a row over $1 billion in renewable energy, and now we are looking at that rug being jerked out from underneath the people that trusted the Federal Government. We may or may not agree on that policy here, but I think the government needs to be consistent. But in any case, here is what we are really looking at: We need to make the current tax structures permanent. We need to eliminate and abolish the death tax, because it is an immoral tax. And into this bargain, what do we get?…
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Steve King
Republican · Iowa

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