On the recordJuly 12, 2000
Mr. Speaker, I think, yes, the Washington Post editorial said it all titled ``A Phony Issue.'' Again I will quote: ``Congressional Republicans have scheduled votes this week on a sizeable tax cut mainly for the better off, which they misleadingly describe as relief from a marriage penalty. The President has rightly indicated that he will veto the bill as it is likely to be presented to him.'' As I said before, Mr. Speaker, by the year 2008, the year that the Republican bill fully goes into effect, 47 percent of American families with two children would get no relief whatsoever. The tax will have a new name, but many of the people it is intended to help it will not help. This is not a bill that really helps all the people and does not change the tax brackets for the very rich so they get an added bonus under the so-called marriage penalty tax. I urge Members to vote for the rule and vote for the Rangel substitute.
Source
govinfo.gov
