[Congressional Record (Bound Edition), Volume 149 (2003), Part 4]
[House]
[Page 4388]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              TAX FAIRNESS

  (Mr. GREEN of Texas asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. GREEN of Texas. Mr. Speaker, I do not normally give 1 minutes any 
more, but after hearing my colleague from the Republican side talk 
about it, I shall.
  I was home most of last week and talked with my constituents about 
the President's proposed tax cut. One of the things that I think 
bothers a lot of folks is if we eliminate the so-called double 
taxation, we have double taxation in lots of areas in our country, but 
if we eliminate double taxation, the double taxation is a good issue, 
but it is just patently wrong for a person in my district who makes 
$60,000 a year working at a chemical plant or refinery, because they 
work 40 hours a week and maybe overtime to pay their tax rates. For 
somebody to sit home and clip coupons because maybe they inherited that 
and they make $60,000 a year, to say I am sorry, you do not have to pay 
taxes on that is wrong. Income is income.
  Now, I agree that I would like to increase the dividend deduction so 
we can help smaller investors, but, again, abolishing the dividend tax, 
which is half the President's plan, is just patently wrong for the 
American people.

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