[Congressional Record Volume 143, Number 98 (Friday, July 11, 1997)]
[House]
[Pages H5136-H5137]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1000
TAX FAIRNESS FOR WORKING FAMILIES
(Mr. WYNN asked and was given permission to address the House for 1
[[Page H5137]]
minute and to revise and extend his remarks.)
Mr. WYNN. Mr. Speaker, I, too, want to talk about taxes, but I want
to talk about it in a little different way. I want to talk about tax
fairness, because that is what this debate is really all about.
The Republican tax plan gives 60 percent of the benefits in tax cuts
to the richest 5 percent of Americans. We think that is wrong. We think
working families, working Americans, ought to get the lion's share of
the tax benefits.
If Members look at the Republican plan, we will find something very
interesting. They are willing to give a child tax credit of $500 per
child for families making over $100,000 a year, but when we say we have
a police officer who makes $25,000 a year, or perhaps a clerk that
makes $30,000 a year, they say, no, they get the earned income tax
credit so they should not get a child tax credit.
That does not make sense. They have tax breaks for dinners, lunches,
for travel, corporate welfare for building roads, corporate welfare for
attending trade shows overseas; there are lots of tax breaks for the
wealthy. That is OK. But now, today, we have an opportunity to have tax
fairness for working families. That is what we ought to do.
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