Melton Hancock: “as my colleagues know, we keep talking about what we tried in 1980-81 to cut taxes. Only difference is we got a…”

“as my colleagues know, we keep talking about what we tried in 1980-81 to cut taxes. Only difference is we got a Republican Congress now that is going to cut the spending, too, so that will take care of that. As my colleagues know, the argument over the last several days has been that there is not a good time to cut taxes. Every place we hear this is not a good time to cut taxes. We got full employment, practically full employment, we have got the production facilities in the United States operating at capacity; now is not a good time to cut taxes. I am going to ask the question of the other side of the aisle over here, ``When is a good time to cut taxes?'' Mr. Speaker, I say to my colleagues, ``Now you can't cut taxes when the economy is down; that is true, as my colleagues know, because we got to pump it up, we have got to take tax money and generate the economy.'' So they are also saying that it is not a good time to cut taxes when the economy is doing well. So my question is: ``When is a good time to cut taxes?'' I can tell my colleagues when it is. Down in southwest Missouri, down in the hill country, we used to be a major apple producing area. At that time the question was when was the best time to prune the trees. I tell my colleagues, ``The best time to prune the trees is when you got a sharp knife. The best time to cut taxes is whenever you can get it done.'' ____________________”