guess what? My colleagues have heard this before, but if someone makes $54,000, they are now the rich. They just do not know it yet. Or at least that is what the Clinton administration has figured with their calculations on who should get a tax cut. With the stroke of a calculator they have created funny money. They have moved millions of Americans from the middle class to Beverly Hills, from Main Street to Rodeo Drive, from the minivan to the limo. This new wealth in America includes a lot of people. Who are they? Some 1.7 million union members are rich; 8.1 million government workers are rolling in dough; 2.4 million teachers better crack the champagne and call Robin Leach. They are all rich according to the President and they just do not need a tax cut. We should get serious. We have not had a tax cut in more than 16 years, and now we have a real chance to provide relief to our families. It is time for the left to stop twisting the truth about tax relief.
Joseph Knollenberg: “guess what? My colleagues have heard this before, but if someone makes $54,000, they are now the rich. They just do not…”
Editor's note · Context
Discussing tax cuts and the classification of income during a House floor debate.
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