On the recordApril 19, 2012
We're hearing a lot of rhetoric today about all these millionaires that are out there. And I would be for their ideas if they worked, but the facts of the case are what they create is less opportunity. The IRS, on their Web site, shows that there were 37 percent fewer people who filed as millionaires one year over the next. That's the latest information we have on the IRS Web site--37 percent fewer people reported numbers of $1 million or more. That falls right in line with what's happening as America goes into bankruptcy. Because this is about fairness. Well, it shouldn't be about fairness. It should be about opportunities, creating more opportunities. That's the same reason why this same rhetoric, why 63 percent of our children move back in to our homes when they finish college--lack of opportunities. That's not fair. Fairness is opportunity and the chance for people to go make something better of their lives. What we're talking about today will help some 54,509 women-owned businesses in the State of Texas alone that account for 483,000 individuals. That's what we're trying to help and save. This is the right thing. I'm very proud of it. I know what they want to do is raise taxes. I know what they want to do is call it fairness. All it simply does is cause further economic malaise and deficiencies all across this country of small business. Madam Speaker, at this time I'd like to yield 3 minutes to the gentleman from Florida (Mr.…
Source
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