Political Quotes

“Mr. President, this week, the U.S. Senate took an important vote to prevent the largest tax increase in American history--and help get America's job creators off the sidelines. I voted for this bill for one simple reason: raising taxes during a recession on anyone is not a good idea. This bill prevents tax increases on every American who pays income taxes, because it keeps the lowest bracket at 10 percent; keeps the highest bracket 35 percent; preserves relief from the marriage penalty--as well as the $1,000 per child tax credit; blocks higher taxes on capital gains and dividends; protects at least 21 million families from the alternative minimum tax; and reduces the ``death tax'' by 20 percent from what it would have been on January 1. Some of my fellow conservatives have reservations about this bill, and I share them. This bill certainly falls far short of what I think we would see if Republicans controlled both Chambers of Congress and the White House. I think we would see a permanent extension of all the 2001 and 2003 tax relief; a much lower estate tax; and zero new spending or tax breaks for special interests. But given that President Obama will hold the veto pen for at least 2 more years--and given all the class-warfare rhetoric that the President and the majority have indulged in over the last few years--I consider an extension of tax relief for every American taxpayer to be a remarkable legislative achievement for Republicans.…”