Thomas Daschle: “The pending legislation, of course, purports to provide tax relief to all Americans. But there is a glaring exception to…”

“The pending legislation, of course, purports to provide tax relief to all Americans. But there is a glaring exception to the equity with which they attempt to provide that tax relief. That exception refers to the fact of all the different tax rates and the reductions within those rates. The one that is entirely left out is that 15-percent rate affecting 72 million taxpayers. The largest percentage of income-tax payers in the country pay at the 15-percent rate--72 million taxpayers pay the remaining 15-percent rate. Yet this bill completely skips over any rate reduction for those who fall in that category. There is a 3-percent rate reduction for those at the very top. There are rate reductions for those at every other level. But the rate reduction for those who fall in the remaining 15-percent class has been omitted.”