Political Quotes

Sherrod Brown: Let me answer that. The fact is that, in spite of all the Republican charts, they have called people making $200,000 a…

On the recordApril 6, 1995
Let me answer that. The fact is that, in spite of all the Republican charts, they have called people making $200,000 a year middle class. The tax cuts are mostly for them when you add in that one particular tax item plus the money for Rupert Murdoch plus the $3.6 billion that people renounced their citizenship plus the alternative minimum tax repeal. Now, I want to make sure I have this right with the Rupert Murdoch situation. You have got an Australian billionaire who has come to the United States, gotten American citizenship so that he could buy a television network and so that he could buy a major book publishing house and cut book deals with American politicians. Then you have American billionaires who have renounced their citizenship so they can get $3.6 billion in tax breaks. Perhaps if Rupert Murdoch is really, really smart, after he has become an American citizen and got this $65 million, he will be able to renounce his citizenship and get part of the $3.6 billion. The fact is, this is ludicrous.
Said by
Sherrod Brown
Democratic · Ohio

Editor's note · Context

Addressing tax cuts and their implications for wealthy individuals during a floor debate.

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