Political Quotes

“we have heard about this average tax cut. I just want to show a chart of what they mean when they talk about ``average.'' This is a $20 billion tax cut that's in the Republican package. It's involving personal exemption phaseout and the elimination of ceilings on itemized deductions. This is $20 billion, which is an average $100 for every man, woman, and child. And here's how you distribute the average for this tax cut: if you make over $1 million, you get $17,500. If you make $200,000 to $1 million, you get about $650. If you make $100,000 to $200,000, you get $11 out of this tax cut. And if you make under $100,000, you get on average zero. This is what they call an ``average'' $100-a-person tax cut. When they talk about the biggest tax cut and all this kind of stuff, let's be clear. What is repealed or what we allow to expire are the kinds of policies that got us into the ditch to begin with. We need to let them expire, get back on the right track, balance the budget, and address our priorities.”