I have got a chart here that follows up on what the gentleman from South Dakota was saying and the gentleman from Colorado was talking about that shows exactly where these tax cuts are distributed. This is your income on this side. Under $20,000, almost 5 percent of the tax breaks are for those taxpayers. Between 20,000 and $75,000, almost 72 percent. Over 76 percent of the tax breaks are for people that make less than $75,000. We believe that to be a real add-your-paycheck-up figure, add your check stub up and see what you are making. When families think about that, where I am from, $75,000 is still quite a bit of money. But if somebody in your family is making $2,000 a month and somebody else is making $41,000 a year, you are at $65,000 in your family income. Seventy-six percent of the tax benefits here are for people who make less than $75,000, 5 percent are for people who make less than $20,000. These are real numbers. These numbers count.
Roy Blunt: “I have got a chart here that follows up on what the gentleman from South Dakota was saying and the gentleman from…”
Editor's note · Context
Discussing the distribution of tax cuts during a floor speech.
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