[Congressional Record Volume 141, Number 59 (Thursday, March 30, 1995)]
[House]
[Pages H3979-H3980]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                         TAX CUTS FOR THE RICH

  (Mr. DURBIN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. DURBIN. Mr. Speaker, it is bad enough that the Gingrich 
Republicans are proposing a tax cut for the wealthiest people in 
America. We expect the Gingrich Republicans to continue to slather the 
fattest cats with tax cuts and without so much as the slightest 
regrets, these same Republicans cut children's programs like school 
lunches to pay for them.
  But today the Gingrich Republicans take this extremism to a new low. 
Late Tuesday night, a handful of lobbyists met secretly with Republican 
congressional leaders and killed a provision that would have closed a 
tax loophole for billionaires who renounce their American citizenship, 
that is right, billionaires who made their fortunes in America using 
our country's freedoms and opportunities, our economy, our 
infrastructure, our national defense, renounce their citizenship to 
escape taxes, and the Republicans want to protect these economic 
traitors. And our Treasury loses $3.6 billion because of this.
  These super-rich traitors and their well-paid lobbyists are the big 
winners. The Republicans have once again rolled 
[[Page H3980]] out the red carpet for them. If this latest Republican 
outrage does not steam the dumplings of every American who ever pledged 
allegiance to our flag, nothing will.

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