[Congressional Record Volume 156, Number 53 (Thursday, April 15, 2010)]
[House]
[Page H2583]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
IT'S TIME TO CUT TAXES AND SPENDING
(Mr. FLEMING asked and was given permission to address the House for
1 minute.)
Mr. FLEMING. Mr. Speaker, as millions of Americans, and the people in
my State of Louisiana, file their income taxes today, they are reminded
how they labor under a tax scheme that discourages hard work,
investment and savings.
Federal, State and local taxes claim almost 27 percent of the average
American's income. This means the average taxpayer worked until April 9
this year just to make enough money to pay their taxes. Meanwhile, our
budget deficit this year is a record $1.5 trillion, three times the
highest Bush deficit.
This tax increase equates to more than $2,100 for every person in the
United States and explodes the President's pledge not to raise taxes on
Americans earning less than $200,000.
And now we hear that the administration is considering a value added
tax which taxes goods and services at every point in the process.
Mr. Speaker, when it comes to taxes and our budget, let me suggest
that Americans are not undertaxed; Washington is overspending. It is
time for Congress to cut taxes across the board and stop the wasteful
spending programs.
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