Joseph Knollenberg: “taxes today are at an all-time high as a percentage of our economy. The fact is the Federal Government is currently…”

“taxes today are at an all-time high as a percentage of our economy. The fact is the Federal Government is currently sucking up more of the American economy than it took to win World War II. That is simply wrong. But that is not all. At the same time the Federal budget is running record-level surpluses, we are also experiencing the largest tax overpayment in history. That is not only wrong, it must be changed as soon as possible. Tomorrow is the opportunity. Tomorrow, we consider H.R. 3, the Economic Growth and Tax Relief Act of 2001. This bill will increase fairness in the Tax Code, allow every American income taxpayer to keep more of their own money and provide support to our economy at the same time. This is a historic opportunity. It is a proper reaction. It is the right thing to do, and I hope Members on both sides of the aisle will join me in voting for this responsible and much-needed tax relief.”