Political Quotes

Kent Conrad: “If we look at 2005, the cost of the tax cuts for those who are in the top 1 percent, those who earn over $337,000 a…”

On the recordMarch 8, 2004
If we look at 2005, the cost of the tax cuts for those who are in the top 1 percent, those who earn over $337,000 a year, for the 1 year it is $45 billion. The amount the President is shorting No Child Left Behind for that same year is $9 billion. In fact, this is the chart. Ask and ye shall receive. This kind of reveals the President's priorities. Mr. President, $45 billion is the cost of the Bush tax cut for those making over $337,000 in 2005.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Discussing the financial implications of tax cuts versus education funding.

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