Political Quotes

“This tax increase that is going to occur is going to have a ripple effect throughout the economy. There are those on the other side that think they are going to punish the oil companies. They are not. Plain and simple, it is going to punish manufacturing, it is going to punish people that are employed in this country, people that are paying taxes in this country. But once again, we should not be surprised. Nobody in America should be surprised when we see, I was corrected, 14 days into this Democratic majority, when you have the new chairman of the Ways and Means, Mr. Rangel from New York, who said back in an interview before the election, back last spring, actually, that the tax cuts that President Bush put in place were beyond irresponsible, and he also said he cannot think of one of those tax cuts in the first term of President Bush that deserves merit. Does that mean the R&D tax credit, which I think we successfully extended, does that mean that they will repeal that and repeal some of those R&D tax credits for alternative fuels? When you think, I see Geoffrey here, you told me he is 8 years old. If a family of four has their taxes increased, that is going to be about $2,100 a month. Well, if you had that $2,100 a month, which you do today, and you took the $2,100 and invested it every year in the banks, so that Geoffrey, 8 years old, 10 years from now to go to college, he would have $30,000 in the bank.”