I am signing today a bill which will prevent your withholding taxes from going up tomorrow.
Gerald Ford: “I am signing today a bill which will prevent your withholding taxes from going up tomorrow.”
Editor's note · Context
Remarks Upon Signing an Income Tax Reduction Extension Bill
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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.
These people making less than $25,000 a year get up and go to work just like you and I do every single day. They pay a payroll tax which is the highest tax paid by 82 percent of Americans. So the other side of the aisle can label us not…
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.
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.





