[Congressional Record Volume 143, Number 105 (Wednesday, July 23, 1997)]
[House]
[Page H5581]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                      TWO CHOICES IN TAX CUT PLANS

  (Ms. STABENOW asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Ms. STABENOW. Mr. Speaker, I rise today on behalf of the hardworking 
people in middle Michigan who want very much to receive the benefits of 
the tax cuts that are being proposed here and discussed in the House of 
Representatives. We have two choices: We have individuals who now lead 
the House, who were the ones that proposed in the 1980's tax breaks for 
the wealthy, hoping that they would trickle down to our middle-class 
families and each of us who have been working hard every day; or tax 
breaks that go directly into the pockets of hardworking middle-class 
people.
  The tax cut that I am supporting, that was put forward by the 
Democrats and the President, is advocating making sure that if a person 
has a home and they want to sell it, and that is where most of us put 
our savings, they get a tax break. If they have children, they get a 
tax break. If they are trying to send their children to college, they 
get a tax break. If they have a small business and they have worked 
hard and put all their sweat equity into their business over the years, 
they get a tax break. If they have a family-owned farm, they get a tax 
break.
  What we do not do is focus the tax breaks on the top 2 percent. I 
urge we adopt this program.

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