I think there are basically two competing views, and that is okay, that is the beauty of our country, that we can have different views and come to the floor of this House and debate them. One suggests that we raise taxes and thus raise spending to stimulate the economy. Personally, I do not support that. I think the vast majority of the American people understand that the best way to stimulate our economy is to provide incentives to individuals and businesses to create more jobs, really harnessing the energy of the American people, the spirit of the American people. So on two levels this bill is the right thing to do because it reduces the top tax rate on individuals, thus providing incentives for people to go out there, work a little harder and keep a little more money from their paycheck, or a small business to keep a little more money in their small business, to create more jobs, to provide health insurance for their employees, to invest in the long-term prosperity of their operations.
Vito Fossella: “I think there are basically two competing views, and that is okay, that is the beauty of our country, that we can have…”
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Supporting tax reduction legislation during a House floor debate.
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