“They tried to rebuild their radar because they can't see anything. We waited until it was almost built and then we hit it.”

Political Quotes

Jim Saxton: “the gentlewoman just made a point that most families that are going to benefit from the $500 tax credit are middle…”

On the recordApril 4, 1995
the gentlewoman just made a point that most families that are going to benefit from the $500 tax credit are middle class, and that is, in fact, absolutely correct. This chart shows graphically just how that works out. As a matter of fact, according to this chart, which comes from the Tax Foundation, who will get the contract's $500 per child tax credit, it shows clearly that 85.5 percent of the people who will get the tax credit, the family earns less than $75,000 a year as the gentlewoman correctly pointed out, and that those over $75,000, there are only 12.5 percent who will benefit from the tax cut.
Said by
Jim Saxton
Source
govinfo.gov

Editor's note · Context

Discussing the distribution of the $500 tax credit during a debate on tax policy.

Share

Share on XShare on FacebookEmail this quote

More from Jim Saxton

May 21, 2008

I want to thank Mr. Hunter for yielding time. Mr. Chairman, there has been a lot said here tonight about bipartisanship and working together, and it's absolutely been a fantastic experience for the last 2 years we've worked under the…

govinfo.gov
Jan 27, 2003

If you have destroyed them, show us where they were destroyed, show us where the remnants of them are, and let us talk to the people who did it. Let us talk to the people who destroyed them. If you do not have chemical weapons, show us how…

govinfo.gov
Jun 26, 2006

I thank the gentleman for emphasizing the importance of tax policy relative to economic growth. One of the things that I would like to point out, and I know the gentleman knows this as well, the President today has been criticized by some…

govinfo.gov
May 16, 2007

this amendment, is perhaps well intended but goes much too far. This together with the $764 million that has already been cut from the bill provides us with a 20 percent cut in the missile defense program. Since 2001, contrary to what the…

govinfo.gov
View all Jim Saxton quotes