Friday, January 16, 2004

Candidate Review - Tax Reform - Senator John Kerry

This is from a speech on January 14, 2004 (so Wednesday), in Davenport Iowa.

"And while we must repeal the Bush tax cuts for the wealthy, I will fight - and I ask you to join me in fighting against - proposals to increase taxes on the middle class. I disagree with those in my own party who are so mad at George Bush that they want to take it out on working families in Iowa by raising their taxes an average of $2,000 a year. To me, this is a matter of principle: Democrats should stand up for everyday Americans who work hard, hope for the future, and face extraordinary challenges everyday.

A government on their side will know when to take sides. So as President, I will scrub the tax code, which has grown from 14 pages to 17,000 pages, to remove every single loophole, every single incentive, every single provision that rewards Benedict Arnold CEOs and corporations for moving profits and American jobs overseas. And we'll stop giving government contracts for companies who do wrong by their workers.

We will put an end to tax giveaways for corporations who cut back on their workers while they lavish millions on CEOs. And corporations won't get tax breaks for CEOs million dollar retirement windfalls while they cut back on worker pension plans. We need a President who fights for a fair retirement for every family not Paradise Island for millionaires.
"

No comments: