[Congressional Record Volume 142, Number 2 (Thursday, January 4, 1996)]
[House]
[Page H97]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1030
LIBERAL GIVEAWAY
(Mr. SMITH of Texas asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. SMITH of Texas. Mr. Speaker, A well-known news magazine this week
called tax cuts a ``giveaway.''
That illustrates precisely the liberal mind-set of some in the media
and most in this administration.
They actually think that the money of hard-working, lawabiding
taxpayers belongs to the Government, not to the people who earned it.
Tax cuts mean American families will keep more. Liberals in the media
and in the administration want the Government to take more and spend
more.
Americans now are staggering under the heaviest tax burden in
history. And the top half of wage earners already pay 95 percent of all
income taxes.
The real question is: Who knows best how to spend hard-earned
dollars--the American people or the Federal Government?
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