[Congressional Record Volume 141, Number 63 (Wednesday, April 5, 1995)]
[House]
[Page H4186]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


    PASSAGE OF THE TAX BILL HOLDS OUT HOPE FOR NEXT YEAR'S TAXPAYERS

  (Mrs. SMITH of Washington asked and was given permission to address 
the House for 1 minute, and to revise and extend her remarks.)
  Mrs. SMITH of Washington. Mr. Speaker, I want to talk to the folks at 
home, my clients that I left at home. I am a tax consultant, and at 
this time of the year I am usually up 24 hours a day practically 
helping people get through the maze of taxes and trying to explain to 
them why every year they keep going up and up and up.
  I want to tell you next year what is going to happen when you have 
your tax return filed. It will be different than it is this year if 
this bill passes today.
  First of all, when you get to the end, you are going to get to take 
$500 off per child, but really that just means you get to keep $500 of 
your hard-earned money that the Government is not going to take. You 
can buy a washing machine with it or you can take the kids to 
Disneyland, but you will spend the money and that will cause tax 
revenues to come into the economy. Do you trust you better to spend 
your money and spur the economy, or do you think it is better to have 
it go into the big buildings that are being built all the way around me 
here in Washington, DC, filling them with the bureaucracy? Which one is 
better? Which one is better for the economy? Which one can use the 
money, the Government or you who were going to sell or were about to 
sell that rental that you fixed up and you are holding it because you 
do not want it all to go away in taxes because of the huge tax increase 
that was passed in 1986 by this side of the aisle? I want to tell you 
that next year you can actually sell it and we will not keep all the 
money if we pass this legislation.
  I encourage you to call your legislator and tell him, ``Pass this 
middle class tax cut, and do it today.''

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