Political Quotes

“I rise to support a pro-growth, pro-jobs plan. The President's tax proposal is critical to our Nation's economic health. Critics describe tax relief for working families, small businesses, and investors as a ``cost'' we cannot afford. Viewing this as a cost is shortsighted and simply bad economic theory. If we look at the reality of the President's proposal, the reality of what tax relief will do, we know that this plan will generate enough jobs and tax revenues to reduce the so-called costs by 56.8 percent. A key component of the President's plan for growth is dividend tax relief. If anyone doubts the need or wisdom of such a cut, I would refer them to a recent Washington Post commentary by Charles Schwab, who said he ``can't think of any other tax policy that would, at one stroke, be more beneficial to ordinary investors.'' He predicted immediate benefits, with a stock market rise of 10 to 15 percent. Debates about cost are simply missing the point. Mr. Speaker, it is clear this plan will assist in jump-starting our economy. I encourage all my colleagues to join in passing this important legislation.”