When we examine the alternative offered by the minority, it is actually cruel because it offers tax relief with one hand and takes it away with the other. I point specifically to two increases, two estate tax increases, in the Democratic alternative; and I would point out, Mr. Speaker, that Americans for Tax Reform have sent a letter to the chairman of the Committee on Ways and Means where they state specifically the Democratic alternative would result in new taxes on estates, corporate income, and capital gains alone.
NAN A. S. HAYWORTH: “When we examine the alternative offered by the minority, it is actually cruel because it offers tax relief with one hand…”
Editor's note · Context
Responding to criticism regarding tax policy during a House floor debate.
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