What amazes me is that in 4 short years, the amount of time it has taken to turn this picture around, that we have actually curtailed, slowed the growth of Washington spending, we have had these changes from 1993, everyone has forgotten that in 1993 they raised virtually every tax they could think of. We have gone through the tax cuts here and we have had a good time talking about finally how we are going to leave more money in the pockets of the people. It is not a gift from us, it is their money. We finally had a good time talking about the fact that taxes are coming down for the first time in 16 years. Has everyone forgotten 1993? The discussion was a Btu tax; 4.3 cents a gallon gasoline tax. They did not spend the money to build better roads, they just spent it on other Washington programs; a 2.5-cent a gallon extension of another gas tax, and for senior citizens, the Social Security tax rates from 50 to 85 percent. I cannot even get done with all the tax increases they did.
Mark Neumann: “What amazes me is that in 4 short years, the amount of time it has taken to turn this picture around, that we have…”
Editor's note · Context
Discussing the impact of tax cuts and government spending since 1993.
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