Political Quotes

“I want to reiterate this point. I am not here to pick on George W. Bush, but during his 8 years, the wealthiest 400 Americans--pretty high up guys; that 'ain't' the middle class no matter how broadly you define that--their income more than doubled--got that--while their income tax rate dropped almost in half. The wealthiest 400 Americans now earn an average of $345 million a year and pay an effective tax rate of 16.6 percent, on average. That is the lowest tax rate for wealthy individuals on record. So the point is, Senator Landrieu and I are talking about the people out in the real world who are working longer hours for lower wages. Median family income has declined. People are scared that for the first time in our modern history their kids will have a lower standard of living than they had.”