On the recordFebruary 13, 2009
Sure. Does my friend recall that for many years under President Bush, the Republican leadership told us how imperative it was to repeal the estate tax, which would cost this Nation $1 trillion over a 10-year period? Mr. President, $1 trillion--and who were the beneficiaries of that tax break? The top three-tenths of 1 percent. We are spending $800 billion, including tax breaks for the middle class, rebuilding this country. What does my friend think about $1 trillion for the top three-tenths of 1 percent as opposed to putting money into the middle-class and working families?
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