Political Quotes

“I rise today to speak on the need for progrowth tax reform. Recently, President Obama--in fact, on Monday--in a speech proposed a plan to raise tax rates rather than continuing the current tax rates. That means raising taxes on individuals and small businesses and raising the capital gains tax on investment--not only the income tax, but also the capital gains tax on small businesses, individuals, capital gains tax on investments. It also means raising the death tax on American families--the estate tax. He made that proposal even though he has repeatedly said we cannot raise taxes in a recession. He has made that statement repeatedly in recent years, that we cannot raise taxes in a recession because it would hurt the economy, and raising taxes would hurt job creation. But here we were on Monday, and he proposed we raise the tax rates. This is at a time when we have 8.2 percent unemployment; in fact, we have been over 8 percent unemployment for 41 straight months. We have 13 million people who are unemployed whom we want to get back to work, and we have another 10 million who are underemployed. On the order of 23 million people are either unemployed or underemployed. Since this administration has taken office, middle-class income has declined from approximately $55,000 to about $50,000. The number of people on food stamps has grown from 32 million recipients to 46 million recipients.…”