Political Quotes

“I rise to join my colleagues Senators Grams and Roth in introducing S. 3, the Tax Cut for All Americans Act. This legislation will provide every American taxpayer with substantial tax relief by cutting all income tax rates 10 percent across the board, effective January first of this year. American working families need this tax cut, Mr. President. They are now taxed at a higher rate than at any time since World War II. Not even at the height of the Vietnam War have the American people seen such a large part of their pay taken away from them in the form of taxes. Since the current Administration came into office in 1993, federal taxes have gone up by over 35 percent, or over $600 billion. The nonpartisan Tax Foundation recently told us what these sky-high taxes mean to the typical American family. First, they mean that the typical family now pays more in total taxes than it spends on food, clothing and shelter combined--spending more than 38 percent on taxes and only 28 percent on food, clothing and housing. Second, the typical American now works nearly three hours out of an eight hour day just to pay taxes. That American works from January 1 to May 10, the latest day ever, before he or she stops working for the government and starts working for him or herself. Washington currently takes 21 percent of the national income in taxes. That's $6,810 for every man, woman and child in this country. Mr. President, that is simply too much.”