[Congressional Record Volume 143, Number 86 (Thursday, June 19, 1997)]
[House]
[Page H3929]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    TAX BREAKS FOR THE MIDDLE CLASS

  (Mr. WYNN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. WYNN. Mr. Speaker, I rise today to talk about tax cuts, 
Democratic tax cuts. The issue today before America is not whether we 
should have tax cuts. The issue is who should benefit. The Republicans 
have an elitist view of tax cuts. That is to say, the rich would 
benefit. Two-thirds of their tax cuts go to the wealthiest 5 percent of 
Americans, Americans who make an average of $250,000 a year.
  On the other hand, the Democrats want tax cuts for the middle class 
and for the working class, those people making under $58,000 a year. In 
fact, three-fourths of the tax breaks in the Democratic tax package go 
to working Americans making under $58,000 a year.
  The Republicans talk about capital gains, but they give the capital 
gains tax breaks to the very wealthy. The Democrats, on the other hand, 
target capital gains tax breaks to working families, families who sell 
their homes, small businesses. The Democrats want tax breaks for the 
middle class. The Democrats want tax breaks. They want fair tax breaks.

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