Al Green: “I was home most of last week and talked with my constituents about the President's proposed tax cut. One of the things…”

“I was home most of last week and talked with my constituents about the President's proposed tax cut. One of the things that I think bothers a lot of folks is if we eliminate the so-called double taxation... it is just patently wrong for a person in my district who makes $60,000 a year working at a chemical plant or refinery... For somebody to sit home and clip coupons because maybe they inherited that and they make $60,000 a year, to say I am sorry, you do not have to pay taxes on that is wrong. Income is income. Now, I agree that I would like to increase the dividend deduction so we can help smaller investors, but, again, abolishing the dividend tax, which is half the President's plan, is just patently wrong for the American people.”