[Congressional Record Volume 143, Number 96 (Wednesday, July 9, 1997)]
[House]
[Page H4923]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




           AS USUAL, REPUBLICAN TAX CUTS ARE FOR THE WEALTHY

  (Mr. OLVER asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. OLVER. Mr. Speaker, life in America is always changing these 
days, but one thing that Americans know never changes. That is, when 
Republicans say cut taxes for the middle class, they really mean cut 
taxes for the wealthy. Of course, they want us to believe that their 
tax cut is fair and that it is for the middle class, but their plan 
says otherwise.
  The fact of their plan is that one-third of all the tax cut goes to 
the top 5 percent of the American people. Two-thirds of their tax cut 
goes to the top 20 percent. By contrast, in the President's plan two-
thirds of the tax cut goes to the middle class, of the 60 percent of 
Americans whose income lies between $15,000 and $75,000 a year. Under 
the Republican plan, the rich become very much richer. Under their 
plan, the crumbs from the plate go to the middle class, that broad 
middle class of 60 percent, and the poor lose their shirts. That is not 
fair. In fact, it is even class warfare.

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