Political Quotes

“It's a sign of maturity to be able to retain two different but related concepts in your head at the same time. For instance, taxes should not be raised on the majority of working Americans while the economy is in this very difficult situation. But a little more can reasonably be paid by those who are extremely well off. {time} 1010 The simple fact is that our economy and our families cannot afford to take the economic hit that is poised to pull a hundred billion dollars out of the economy with the expiration of the 2 percent payroll tax holiday that's scheduled to expire this year. There is currently a proposal that's being debated in the other body that I hope we'll have the opportunity to vote on here to be able to extend and expand the payroll tax cut and to pay for it. Under this proposal, employees would receive a 50 percent additional cut in the payroll tax, cutting it essentially in half, and employers would have a reduction in the payroll tax that they pay on their employees up to the first $5 million of payroll. This would help 98 percent of businesses but not give unnecessary giveaways to large and profitable organizations, and, most importantly, it would prevent the typical family from suffering a significant increase in their taxes while the economy is still fragile. This proposal would give the average family $1,500 a year extra to spend. You would think that people ought to be able to corollate those two concepts.…”