On the recordMay 7, 2003
it is written, if you owe taxes, pay taxes. No law-abiding American anywhere would argue the point. But one of my predecessors in this Chamber, Jack Kemp, also famously said, what you tax you get less of, what you subsidize you get more of. Today in America as our economy continues to list under the strain of overtaxation and overregulation for the past decade, we are taxing capital gains and investment in savings; and eastern Indiana, that I serve here in Washington, is getting less for it. Families, small businesses and family farms are hurting as jobs evaporate in communities across eastern Indiana. Many in this town are playing politics, demagoguing the President's drive to pass additional tax relief and put Americans back to work; but it is time to set politics aside. We need to bring real tax relief on income inheritance, marriage, savings and investment in America. We need to turn this economy around. Our recovery is stalled. Our Nation is impatient. It is time we heed the President's call for economic renewal and pass the tax relief package now.
Source
govinfo.gov




