On the recordMay 17, 2001
This issue, as it has been described, is about the marriage tax penalty. There cannot be anyone left in the Senate who does not understand this issue. We have debated it and debated it and debated it. Everyone stands up, almost automatically, in the Senate, and says: I am for getting rid of the marriage tax penalty. Count me in. I want to vote for getting rid of the marriage tax penalty. We have a tax bill that has now been brought to the floor of the Senate, and it says: Do you know what. We have written a bill that gets rid of the marriage tax penalty. It is similar to an employee being called into an office and the employer says: Good news. Do you know what. We are giving you a raise. Then the employee says: When does this raise start? The employer says: 5 years from now. But we aren't going to give it to you all at once. We'll phase it in. It starts in 5 years, and it takes 8 years to get the full amount. Look, if we want to get rid of the marriage tax penalty as we have advertised for so many years, why would we not decide that as a part of this tax bill we are going to give real tax relief right now to middle-income taxpayers who are paying a marriage tax penalty? Why would we wait some 5 years?
Source
govinfo.gov




