[Congressional Record Volume 143, Number 105 (Wednesday, July 23, 1997)]
[House]
[Page H5583]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       TRUTH AND THE TAX PACKAGE

  (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, sometimes you have to wonder if 
those on the other side who are talking about the tax package are 
misinformed or simply uninformed. Maybe they have not read the bill. 
Maybe they are so uncomfortable with the idea of tax cuts that they are 
attacking the bill out of habit more than conviction.
  Whatever the case, it seems that the rhetoric I am hearing has no 
connection to reality. If a person were to call me and say, hello, I 
make $500,000 a year, how would your tax proposal affect me, I would 
have to give him bad news. Would he be eligible for $500 per child tax 
credit? No. Would he be eligible for the education tax credit? No.
  That is interesting. I thought that those were the two biggest 
provisions that were included in this tax package. They are. Not a 
penny of it goes to high income people. Just from this fact alone, we 
can see that the charges that this tax cut package goes primarily to 
the rich are false.

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