You get a deduction. There are 12 million families in States without a State income tax, and they are not going to have the benefit of that--12 million families. I talked to my friend--I don't think he would be embarrassed if I mentioned his name--Steve Wynn, who is one of America's great businessmen. He has done so much for Las Vegas. He is a modern business giant. He comes up with new ideas. His hotels are magnificent. He called me up about a situation today. I am trying to work it through the last few days of this session. We have a Republican in the House and a Republican in the Senate who are fighting over a bill. He didn't know who. He thought one of them was a Democrat. I said, No, these are two Republicans fighting over this. He said, That's the way it always is, Harry. I said, Steve, I'm sorry to say you are right. What do you think the American people think of this? We mentioned just a few things. I again mentioned my little niece, the schoolteacher and the $250. To us, we get a big fat salary, we Members of Congress, and all the tax cuts the administration passed on. They don't care about my niece; $250, what does it mean to them? To her it means a lot. What do the American people think we are doing here? These provisions have to be passed.
On the recordSeptember 20, 2006
Source
govinfo.govEditor's note · Context
Discussing tax deductions and the impact on families without state income tax.
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