[Congressional Record Volume 143, Number 90 (Tuesday, June 24, 1997)]
[House]
[Page H4224]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AMERICANS FAVOR TAX RELIEF FOR MIDDLE CLASS
The SPEAKER pro tempore. Under the Speaker's announced policy of
January 21, 1997, the gentleman from California [Mr. Miller] is
recognized during morning hour debates for 3 minutes.
Mr. MILLER of California. Mr. Speaker, later this week, this Congress
will make a choice about the future of America. As we debate the tax
bill, we will have to make a choice between the Republican plan that
assumes that the rich do not have enough money and that working
families have too much, or we can choose the Democratic plan that
believes what we ought to do with the tax cuts is try to help working
families educate their children, take care of their children, provide
for child care, and reinvest in America. Those are the two visions: The
Republican plan that will give people who earn more than $250,000 an
average benefit of $27,000 and will cost people that are earning
$17,000, $18,000, and $20,000 real money.
That is the difference in a vision of America. To take people who now
have done very well in the stock market and decide that, when they had
no expectations of capital gains, we should provide them a reduction on
the profits that they make, while we should not provide tax relief to
low-income working Americans.
That is the choice and a vision of America. We have got to decide
whether or not we are going to use the resources that we have saved as
a result of the balanced budget efforts that we have made over the last
5 years, whether or not those should be shared with working families in
this country, or whether or not they ought to be lavished on the rich
who simply do not need it. It is a matter of how we use those resources
and how we promote families.
We clearly know in this Congress what the American people want. They
have said it over and over again in the polls that they want us to use
the resources of the country to improve the educational opportunities
for their children, to reduce crime, to protect the Medicare benefits
for the elderly, and to balance the Federal budget. But that is not the
choice that the Republicans are taking this week.
In fact, what they are doing is racing to pay back those who have
supported their campaigns by lavishing reductions in capital gains tax,
estate tax and getting rid of the corporate alternative minimum tax
which says that for those large corporations that have huge write-offs,
even they must pay something for the privilege of being in America.
Then we will go back to the days when corporations pay no taxes no
matter how much money they make. That is not equity. That is not
fairness. That is the not the choice of the American people.
Mr. Speaker, we need to provide more equity, we need to provide more
fairness. The No. 1 thing that the Americans demand of their Tax Code
is fairness so that we know that everybody is contributing their fair
share to making this the greatest country in the world. But that is not
what the Republican tax bill does. The Republican tax bill heads off in
another direction. It decides that those who are the wealthiest, those
who are the richest should get the most, and those who are working
hard, young families to raise children, should get the least. Somehow
that just is not fair.
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