I do appreciate that, and I am glad to know that dear Senator Tsongas' wife has corrected you on the appropriate way to use that quote. But either way, it was something that you brought to the floor to make the point that somehow you think this bill is put forward so that Democrats can show their disapproval of employers. And I can speak personally that I work closely with employers in my district. I am an employer and think there are employers who will benefit under this as well. That is why I quoted, in my own remarks, Jim Wellehan who owns a chain of shoe stores in our State who said: I am not in favor of a bill that would give tax cuts to the wealthy because it doesn't do anything to help my employees or my business. And that, in fact, is what he is concerned about. You know, employers need customers, which are those employees, and that is why we consider it so critical to make sure that we do something to benefit those people who will be purchasing. Just one other comment that I had in my notes here today from a small business owner in Lincoln, Nebraska. People talk about the $250,000 without talking about that as net profit. Here is how he described it: A lot of people don't understand how small business works. We reinvest in our business. We try to minimize the amount of taxable income we have. I went out and bought an $80,000 piece of equipment. I did it so I could reduce my taxes.…
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I reserve the balance of my time. The Acting CHAIR. The gentlewoman from Maine has the right to close.





