On the recordJuly 24, 2006
I would not support giving any additional tax cuts to people who are already paying virtually no taxes. The earned income tax credit, I think, adequately, appropriately and significantly deals with the people who are at the very lowest end of the income level in this country. And they are paying virtually no taxes. However, I do think that the tax cuts are inevitably going to be disproportionate because of the disproportionate income. But the problem that I am having with that, in addition to the fact that they are not as equitable as I think we could design them, we are the only Nation in the history of the planet that I can find out that actually moved for a tax cut during a time of war. Generally during a time of war, we ask the people of the Nation, particularly our Nation, to make sacrifices. And so we are making significant spending a part of our day-to-day living in this country with a conflict going in Afghanistan, a conflict going in Iraq, and who knows what will happen with all of the troubles now in the Palestinian territories as well as in Lebanon. So I think that we missed a rare but a very, very key opportunity to challenge the people of our country to make sacrifices during this particular time. And one of the sacrifices I think we should have pushed on the American public is that we cannot have tax cuts at a time of war. Because we are borrowing all of the money.…
Source
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