[Congressional Record Volume 152, Number 43 (Thursday, April 6, 2006)]
[Extensions of Remarks]
[Page E531]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


[[Page E531]]
    MOTION TO INSTRUCT CONFEREES ON H.R. 4297, TAX RELIEF EXTENSION 
                       RECONCILIATION ACT OF 2005

                                 ______
                                 

                               speech of

                             HON. DAVE CAMP

                              of michigan

                    in the house of representatives

                       Wednesday, March 29, 2006

  Mr. CAMP of Michigan. Madam Speaker, I would like to clarify a 
statement I made on the floor at one point on March 29, 2006 during 
debate on a motion to instruct conferees on H.R. 4297. In quoting the 
statistics on the percentage of taxpayers with capital gain and 
dividend income that have incomes below $100,000; the correct statistic 
is that nearly 60 percent of taxpayers receiving capital gain or 
dividend income have incomes of $100,000 or less. Even though I did 
correctly state this statistic during the debate, the statistic was 
initially mischaracterized.
  The correct statistic can be derived from a document provided by the 
nonpartisan Joint Committee on Taxation. This document can be found on 
their web site. It is document number JCX-50-05 titled ``Present Law 
and Background Information on Certain Expiring Tax Provisions.'' The 
data on the income distribution of taxpayers who receive capital gain 
and dividend income can be found on pages 6 and 7.

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