On the recordMay 25, 2001
Today we stand on the brink of an awesome opportunity, the opportunity to lift the burden of taxes off families, small businesses and family farms, the opportunity to pass the largest tax cut package in over 20 years. We have a moral obligation to act on this opportunity and remove Uncle Sam's hand out of the pockets of hard-working men and women. Under the current tax system, Madam Speaker, the average dual-earner family will pay more than $26,000 in taxes to the government. This equals out to be the first five months of their annual salary. This is more than the family will spend on food, clothing and shelter combined. Madam Speaker, we often talk about the progress we have made. Yet, according to the Washington-based tax foundation, taxes at all levels now consume 39 percent of the average dual-earners' family income. This is more than the amount that serfs were obligated to pay to their medieval lords. This, simply put, is wrong. As we enter into the final stages of the bill's passage that is being debated in conference committee today, I implore the Congress to stand firm in our commitment to working families.
Source
govinfo.gov




