Harry Reid said "The people who met yesterday with the President-elect in Texas, these rich people--and I have nothing against rich people; I am happy he is meeting with them--I hope some of them realize the biggest tax cut anyone will ever get in their entire professional career is if we reduce the deficit. We talk about across-the-board tax cuts; that will give an across-the-board tax cut because everything they do, from buying a new piece of land to paying their mortgages, will be cheaper." @ PoliticalQuotes.com

On the recordJanuary 4, 2001

The people who met yesterday with the President-elect in Texas, these rich people--and I have nothing against rich people; I am happy he is meeting with them--I hope some of them realize the biggest tax cut anyone will ever get in their entire professional career is if we reduce the deficit. We talk about across-the-board tax cuts; that will give an across-the-board tax cut because everything they do, from buying a new piece of land to paying their mortgages, will be cheaper.

Said by

Harry Reid

Democratic · Nevada

Source

govinfo.gov

Editor's note · Context

Discussing the impact of deficit reduction on tax cuts during a speech.

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