I do not know how many other people are in the same situation I am, but when taxes went up in 1993, and of course nobody talks about the tax increase, but a lot of us are with the people that gave you the choice: You can pay up immediately or you can spread it out over 3 years. I just got a notice from the Internal Revenue Service that my third payment on the increase in taxes that were passed in 1993 was due. How many people in this country today are now paying, finally, the ultimate increase in taxes that was passed in 1993? If the American people were to stop and think about the notice that they got in the mail saying 'Pay up, 1993 is now due,' I think we would have a whole bunch of people recognize that that increase in taxes in 1993 ran over a long period of time and some of us are still paying.
Cass Ballenger: “I do not know how many other people are in the same situation I am, but when taxes went up in 1993, and of course nobody…”
Editor's note · Context
Discussing the impact of the 1993 tax increase on American taxpayers.
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