I was deeply impressed with the problems you and the City Council must face in the next few weeks in meeting the financial problems of the great City of New York.
Gerald Ford: “I was deeply impressed with the problems you and the City Council must face in the next few weeks in meeting the…”
Editor's note · Context
Letter to Mayor Abraham D. Beame Responding to New York City's Financial Assistance Request
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So, Mr. Speaker, so if millionaires took a $65,000 tax cut as opposed to a $103,000 tax cut, we could pay for the student loan program.
That is a little unfair. I do not think anyone objected to flags being flown and so forth. You make a good point on some of the other things, but that is a little unfair on the flag.
I was the sole person who had to make that decision. But, when you look back at the alternatives that I had, it was the right decision. And I have no question that it was the right thing to do then. And I'm more certain today.
Folks who are enjoying part of this tax credit today, in 2005 will see that tax cut decrease or eliminated all together. Which, if I understand the definition of a tax increase, that indeed is a tax increase on people earning $11,000 a…





