Well, I am going to leave it to the American people to decide if it is fair to take $15 billion of financial aid from the children of middle and low income families, who would want to use that financial aid to go to college, and use the $15 billion to allow some of our biggest corporations in America to pay no taxes. Corporations like Anheuser-Busch, Boeing, du Pont, General Dynamics, PepsiCo, Texaco, Westinghouse, and Xerox--all of them would be allowed to pay no taxes under this bill. Is it fair to take $50 billion of heat and housing aid from elders and nutrition from young people and child care and subsistence from poor people and give that to the wealthiest families who make $200,000 a year? Is it fair?
John W. Olver: “Well, I am going to leave it to the American people to decide if it is fair to take $15 billion of financial aid from…”
Editor's note · Context
Addressing the fairness of a proposed tax cut bill during a House floor debate.
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