Political Quotes

On the recordJune 26, 1997
The argument that we have heard from Republicans, from the Speaker, and others that, ``Oh, you shouldn't give the tax credit to these people who don't pay any taxes,'' they forget to say income taxes or capital gains taxes, that is true. Very few of these people making 23 and $24,000 a year are paying capital gains taxes. They are paying the Social Security taxes in the most aggressive way; that is the group of people who are getting hurt by this.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Discussing tax credits and their impact on low-income earners.

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