Yesterday one body in this Congress voted to repeal the $50 billion tax break bestowed on the tobacco industry by this Gingrich-led House. Now this House must do the same and do it immediately. Some may view it as a mere coincidence that the No. 1 contributor in this country of corrupting soft money to the Republican Party is Philip Morris Tobacco. The No. 2 contributor of corrupting soft money in this country to the Republican Party is R.J. Reynolds Tobacco. Together they gave about $1 million in soft money to the Republican Party in the first 6 months of this year, and in month 7 their industry received a $50 billion tax break, a tax break buried under the title 'Small Business Job Protection' in the balanced budget tax agreement. Speaker Gingrich, schedule votes on both the ban on soft money and the repeal of this $50 billion tax break for the tobacco industry on the same day. Eliminating two such evils at once would not be a coincidence in this special interest Congress, it would be a miracle.
Editor's note · Context
Addressing the need to repeal a tax break for the tobacco industry and ban soft money contributions.
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