The research by USA Today shows that Americans are paying the lowest tax rates since the 1950s-- not the 1990s, not 2001 or 2002, but since the 1950s. The Democrats' tax cuts for middle class and small businesses are helping this economy. The economy continues to move in the right direction and it is being sustained. Unemployment is going down in 90 percent of our metropolitan areas. And the President is attacking the BP oil spill in the right way. But as I represent the gulf region where fishermen and oystermen are, as well as oil workers, we've got to ensure that we continue to save jobs. That means the industry has to reform itself. No permit should be issued unless there is a defined recovery plan that is approved and vetted by experts that are independent of the government and the industry. We are saving and creating jobs, but we are as concerned about safety and security. This is the right path. Democrats reduced taxes. The President is in charge. We're going to be able to see America recover.
Sheila Jackson Lee: “The research by USA Today shows that Americans are paying the lowest tax rates since the 1950s-- not the 1990s, not 2001…”
Editor's note · Context
The speaker discusses tax rates, economic recovery, and the response to the BP oil spill.
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