Political Quotes

“We have been pushing to scrap the entire Internal Revenue Code which would eliminate the vast majority, if not all of the so-called loopholes he refers to which were created overwhelmingly during his party's majority rule in this House for more than four decades. I would say to the gentleman that we simply want to correct this problem, and obfuscation about it is not the way to cure it. Mr. Speaker, in 1913 taxpayers remitted an average of about 8 percent of their total income in Federal, State and local taxes. Today's average family is paying almost 40 percent of their income on taxes. That amounts to more than the typical family spends on food, clothing and housing combined. Not since World War II has the tax burden on American workers been so high. Mr. Speaker, even with the federal budget surplus projected at $4.9 trillion over the next 15 years, many in Congress and the administration are calling for even higher taxes on American families. Mr. Speaker, this is exactly why we need a tax limitation amendment.”