President Bush this week announced plans to make sure that in the tax proposals that this Congress will address that as part of that tax package we will not tax dividends, and I want to stand up and say how proud I am of what the President is doing because it is furthering the commitment that I believe this House of Representatives should have as well as the President to where we do not tax savings or investment in America. I believe as the vigorous debate takes place across this country and in this body we will find out that this will be good for people who will be able to save money, save money, and not have it taxed in between that period of time every year for tax purposes but will see their savings grow. I am proud of what this President is doing. I plan to support not only his tax bill but the things the President does, and I offer a hearty congratulations to the President of the United States, George W. Bush.
Pete Sessions: “President Bush this week announced plans to make sure that in the tax proposals that this Congress will address that as…”
Editor's note · Context
Expressing support for President Bush's tax proposals regarding dividends and savings.
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