Mark Souder: “But this has support from all across America because of the inequity of the Tax Code. I want to congratulate my…”

“But this has support from all across America because of the inequity of the Tax Code. I want to congratulate my colleague for his leadership and persistence in pushing this and not going away when people said, no, we want to do other things, and his persistence, along with the gentleman from Illinois (Mr. Weller). If this indeed happens and with the President at least paying lip service to part of it, this is the year when this may actually happen, and it will be a great crowning achievement as you go back to lead us in Indiana. Let me mention a couple of things. There are different types of tax cuts. Some types of tax cuts are oriented toward economic growth, where we try to say how can we keep our interest rates down, how can we keep our inflation down, how can we keep this tremendous growth going in the economy. Capital gains, investment tax credits, targeted inheritance tax relief, those things keep our economy going, but some tax relief is necessary because they plain flat out are unfair. In the marriage penalty, one of the problems here is that it just discriminates; it is a lack of equity and it catches and punishes one group of people and benefits another group of people.”