Political Quotes

On the recordJanuary 22, 1997
In short, farmers are now being told that they must pay taxes on income that they have not received. I repeat that, Mr. President. Our farmers are now being told by the Internal Revenue Service that they are to pay taxes on income that they have not received when they have transferred ownership of their crops to some other entity but are not to receive payment for those crops until the next tax year. Mr. President, that is unprecedented. It is unjust. It is a terrible burden on many farmers who live under difficult circumstances and from hand to mouth. And it is not what Congress has intended in any of its amendments to the Internal Revenue Code. It is wrong, Mr. President. It was discovered or started initially, I regret to say, in the State of Washington last year aimed against a particular potato farmer. It has now spread like wildfire all across the country and it has become the policy of the Internal Revenue Service.
Said by
T. Gorton
Republican · Washington

Editor's note · Context

Addressing the impact of the alternative minimum tax on farmers during Senate floor debate.

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