Political Quotes

“I will be brief, and we will be voting shortly. We know that keeping taxes low spurs economic growth and that results in the creation of jobs. Twice in the last 4 years, this Congress passed major tax relief bills. Together these laws have cut taxes for nearly 100 million Americans, spurred a period of energetic economic growth, improved our overall budgetary climate, and it has encouraged businesses to invest in their future. When you put all that together, it has created jobs. Indeed, since the 2003 tax relief progrowth package, our economy has added 5.3 million new jobs. We have seen unemployment rates fall down to record lows, where today it is remarkable that it is lower than the average of the 1970s and the 1980s and the average of the 1990s, at 4.7 percent. We have enjoyed 18 consecutive quarters of robust growth. You know, those are the statistics, and that is what we see, what is reported. What really results is that individual lives and families are leading more productive lives, with a higher quality of life. The creation of jobs affects families. The centerpiece of that 2003 bill was the reduced tax rate on capital gains and dividends. It did other things, but that was the heart of the bill. As we argued then, and what history as clearly shown, is that keeping taxes low promotes tax revenue, what comes into our Government.…”