Political Quotes

William F. Smith: A well-known news magazine this week called tax cuts a ``giveaway.'' That illustrates precisely the liberal mind-set of…

On the recordJanuary 4, 1996
A well-known news magazine this week called tax cuts a ``giveaway.'' That illustrates precisely the liberal mind-set of some in the media and most in this administration. They actually think that the money of hard-working, lawabiding taxpayers belongs to the Government, not to the people who earned it. Tax cuts mean American families will keep more. Liberals in the media and in the administration want the Government to take more and spend more. Americans now are staggering under the heaviest tax burden in history. And the top half of wage earners already pay 95 percent of all income taxes. The real question is: Who knows best how to spend hard-earned dollars--the American people or the Federal Government?
Said by
William F. Smith
Texas

Editor's note · Context

Discussing tax cuts and government spending during a floor speech.

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