We have overcharged the American people. We have asked them to pay too much of their paycheck in taxes, and now we are simply giving them a very modest refund. It is not perfect. It is not overly ambitious. It is not risky. In fact, it reaffirms what I think people of goodwill on both sides of the aisle want to do; to understand the truism and the basic wisdom of letting parents and families provide for themselves while maintaining a social safety net and the long-standing commitments that Americans have come to depend on, and indeed we have seen this as a bipartisan initiative through the years. Forty years ago, President Kennedy reminded us a rising tide lifts all boats in terms of fair and equitable tax relief. Twenty years ago, President Reagan made that point.
NAN A. S. HAYWORTH: “We have overcharged the American people. We have asked them to pay too much of their paycheck in taxes, and now we are…”
Editor's note · Context
Discussing tax relief and bipartisan support for modest tax refunds.
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