Political Quotes

On the recordFebruary 23, 1994
But down to the bottom. It says future generations--way down at the bottom there, next-to-the-last line. You go over with reconciliation and with health care reform and with all the optimistic assumptions, 10 years solid growth, no dip: Future generations, lifetime net tax rates of 66 to 75 percent. The Senator from New York knows that just is not going to happen.
Said by
Sen. Paul Simon
Illinois

Editor's note · Context

The speaker discusses the implications of tax rates on future generations in the context of health care reform.

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