Byron Dorgan: “We believe in tax cuts and support tax cuts for working families. In fact, we had a very significant tax cut plan that…”

“We believe in tax cuts and support tax cuts for working families. In fact, we had a very significant tax cut plan that would have said to working families in this country who bear a pretty significant tax, payroll tax and income tax, that we are going to give you a pretty good size tax cut. But the majority party said that is not what we want to do. But the majority party said: That is not what we want to do. We want to say to the person who is making $1 million a year, you really need the relief. We are going to give you a $93,000 tax cut because we believe the economy works better when you put something in at the top and somehow it trickles down. We happen to believe the percolate-up approach is what makes this economic engine of ours work. And we believe if you give working people something to work with, tax cuts targeted to working people, we will have an economy that regains its footing, provides economic growth, opportunity, and hope once again.”