[Congressional Record Volume 143, Number 86 (Thursday, June 19, 1997)]
[House]
[Page H3931]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   THE REPUBLICAN TAX BILL: BENEFITS FOR WALL STREET, NOT MAIN STREET

  (Mr. LEWIS of Georgia asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. LEWIS of Georgia. Mr. Speaker, the American people want tax 
relief. They want lower taxes. But, Mr. Speaker, the American people 
want a tax cut that goes to the people who need it the most, America's 
working families.
  The Republican tax bill is a boom for Wall Street, but a bust for 
Main Street. The Republican tax bill gives little relief to working 
people, people struggling to pay their mortgage, pay their car loan, 
pay their credit card bill and send their kids to college. The 
Republicans give most of their tax breaks to the wealthiest people in 
America. Almost 60 percent of the Republican tax breaks go to people 
earning $250,000 a year or more. That is not right, it is not fair, and 
it is not just. It is not what the American people want.
  The Democrats want and the American people want a tax cut that goes 
to the middle class, to the hard-working families that need it the 
most. These are the people who deserve tax relief. Let us not give it 
away to the yacht owners, the junk bond traders and Rolls Royce 
drivers. Let us say no to the Republican tax bill.

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