"So why can't we come together, without recrimination or placing blame, and agree on a simple basic proposition. Whatever the merits or demerits of last year's tax bill, it was enacted in what now seems a very different and distant time. Today, for the sake of our country, we must transcend the old boundaries of debate. We must think anew, and act responsibly. We can and should postpone a portion of the future tax cuts that overwhelmingly benefit the wealthiest taxpayers. Those tax cuts are not scheduled to be made until 2004 and later. We should put them on hold until we are certain that we can afford a prescription drug benefit for senior citizens, make the needed investments in education and health care, protect Social Security and fully provide for the common defense. My proposal would put on hold approximately 350 billion dollars in future tax breaks for the wealthiest Americans during the next ten years. Over one trillion dollars of tax cuts will still take effect as scheduled. Families earning less than 130,000 dollars a year and filing joint returns would not be affected. No taxpayers would pay a higher tax rate than they pay now. In fact, income tax rates for everyone will still be lower in 2002 and in succeeding years than they were in 2001. The child tax credit would be increased as planned, and marriage penalty relief would be provided as scheduled."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Democratic Party (United States) politiciansAcademics from the United StatesMembers of the United States SenatePoliticians from BostonUnited States presidential candidates, 1980
Original Language: English
Available Languages (1)
Sources
Imported from EN Wikiquote
https://en.wikiquote.org/wiki/Ted_Kennedy
Revision History
No revisions have been submitted for this quote.
Categories
Ted Kennedy
politician, lawyer, autobiographer
1932 – 2009 · United States
Edward Moore "Ted" Kennedy (22 February 1932 – 25 August 2009) was the senior Democratic U.S. senator from Massachusetts. In office from November 1962 to August 2009, Kennedy was, at the time, the second-longest serving member of the Senate, after Robert Byrd of West Virginia. He was the younger brother of John F. Kennedy and Robert F. Kennedy, and the uncle of Caroline Kennedy.
389 quotes on TrueQuotesView all quotes by Ted Kennedy →
Related Quotes
"His partnerships with his fellow Senators are well-known and oft-recited, testimony to his skill and to his convictio…"
"Since Biden circa 2022 is often compared to 1970s Jimmy Carter due to a combination of sluggish job approval ratings,…"
"Senator Kennedy began his career setting a high standard when it comes to birthdays. It was when he reached the minim…"
"Run down the list--the rights of the disabled a most personal cause for Ted--who for far too long were left in the sh…"
"Ted Kennedy is the most prolific legislator in American history, but he is something more. Robert Kennedy once said t…"
"Without Ted, 18-year-olds might not be able to vote. There might not be a Martin Luther King Jr. holiday, Meals on Wh…"
"I think that John McCain and Ted Kennedy represent what the Senate has been at its best ... what it can be again, a p…"
"I think Senator Kennedy will go down as one of the giants in the Senate. While he has had a rather tumultuous life wi…"
"That sentence is not constructed lightly--it is the measure of a public servant who doesn't know the meaning of the w…"
"Ted Kennedy’s wit and stories, his passion for a cause and his country, and his love for the Senate just made you wan…"