[Congressional Record Volume 143, Number 95 (Tuesday, July 8, 1997)]
[House]
[Page H4846]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
NEED FOR HONEST DEBATE ON TAX CUT ISSUES
(Mr. WELDON of Florida asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. WELDON of Florida. Mr. Speaker, the debate we are having about
whether or not most of the tax cut goes to the middle class or to the
rich is downright goofy. It should be a simple question with an agreed-
upon way to score it. There should be a clear-cut answer whether it is
primarily the middle class or the rich who will be able to keep more of
what is already theirs.
At least when discussing capital gains, I could understand some
disagreement, for one can score it two ways, either by the number of
people who are receiving capital gains reductions or by the value of
their capital gains cut. But in terms of this tax package, charges that
the majority of the tax cut goes to the wealthy are simply ridiculous.
Democrat class warriors in the Treasury Department are using bogus
numbers. Redefining household incomes so that people making $45,000 a
year are scored as actually making $75,000 a year is nothing short of
scandalous. Imagine trying to convince a shipyard worker that he is
actually making $30,000 a year more than he thinks he is making. It is
downright dishonest.
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