On the recordJuly 16, 1997
I believe most Americans now realize that the Republican tax cut strongly favor the rich... two-thirds of the Republican tax cuts in the House bill go to households with incomes of more than $100,000... it is a disgrace that those Americans in the bottom 40 percent of the income... get nothing. The Republican tax scheme would deny the child tax credit to taxpaying working families but give big business and their country club buddies a tax break windfall. The more money you make, the bigger tax cut you should get... somehow that people who earn more work harder. The problem is that is simply not true. Many middle-income people work harder than wealthy people.
Source
govinfo.gov
