On the recordJuly 28, 2011
I thank the gentleman for yielding. One of the issues we want on the table here is revenue. The top 400 wealthiest people in the United States of America pay a 17 percent tax rate. My constituents in Youngstown and Akron, Ohio, pay a heck of a lot more than 17 percent. {time} 1710 We hear our friends on the other side say how all of these changes need to occur, how all of these problems need to be solved. But heaven forbid, Mr. Speaker, we ask the 400 wealthiest families in the United States of America to maybe be a little bit patriotic and help us out. And you'll say, Well, these are the job creators. These taxes aren't going into place for another year or two. We've got to get through this downturn. But we need to send the message to the bond market that we are serious. And for us to be this irresponsible and not ask the wealthiest--what are they being asked to sacrifice here? The top 1 percent, what are we asking them to sacrifice? The SPEAKER pro tempore. The time of the gentleman has expired.
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