[Congressional Record Volume 147, Number 29 (Wednesday, March 7, 2001)]
[House]
[Page H654]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CUT TAXES NOW
(Mr. KNOLLENBERG asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. KNOLLENBERG. Mr. Speaker, taxes today are at an all-time high as
a percentage of our economy. The fact is the Federal Government is
currently sucking up more of the American economy than it took to win
World War II. That is simply wrong.
But that is not all. At the same time the Federal budget is running
record-level surpluses, we are also experiencing the largest tax
overpayment in history. That is not only wrong, it must be changed as
soon as possible.
Tomorrow is the opportunity. Tomorrow, we consider H.R. 3, the
Economic Growth and Tax Relief Act of 2001. This bill will increase
fairness in the Tax Code, allow every American income taxpayer to keep
more of their own money and provide support to our economy at the same
time.
This is a historic opportunity. It is a proper reaction. It is the
right thing to do, and I hope Members on both sides of the aisle will
join me in voting for this responsible and much-needed tax relief.
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