Political Quotes

On the recordApril 4, 1995
the debate this week is not about whether we ought to have a tax cut for the average American or for the seniors or for the hard-working folks back home. This debate is about whether we ought to give most of the tax break to the wealthiest people in America who make up to $200,000 a year. I say no. To raise the money for this tax break, the Republicans have once again gone after the middle class, this time in the form of Federal employees who only make an average of $30,000 a year. They raised $12 billion by raising the pension contribution of Federal employees by 2.5 percent, which means that the average Federal employee making $30,000 will have to pay $750 in new taxes, because that is what it is, a tax on Federal employees. So let me see if I have got this straight. In order to get a tax deduction of $500 per child, the Federal employee under the Republican plan will have to pay $750. I do not think that makes good sense. Mr. Speaker, this debate is not about a tax break for the folks back home; this debate is about whether we ought to give a tax break to the wealthiest.
Said by
Albert Russell Wynn
Maryland

Editor's note · Context

Addressing tax policy and its impact on middle-class Federal employees.

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