Political Quotes

James T. Callahan: My question is, to facilitate these multibillionaires who are against this bill, Mr. Speaker, I want an opportunity to…

On the recordApril 4, 2001
My question is, to facilitate these multibillionaires who are against this bill, Mr. Speaker, I want an opportunity to offer an amendment which limits the reductions in this tax to the first billion dollars. I think that this will satisfy them, because they will be able to pay taxes on anything over a billion dollars. Therefore, those that need relief, the poor Americans, would have the opportunity for some relief. It is an honest request. I would respectfully ask the chairman and the ranking member if they would support such an amendment, if they can answer that and the appropriate time, Mr. Speaker, as to when I can introduce it.
Said by
James T. Callahan
Oklahoma

Editor's note · Context

Proposing an amendment to limit tax reductions for multibillionaires during a debate on tax legislation.

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