John Kerry on the Republican Tax Plan: It’s a “Raw Deal for Our Children”

[kerrygoddess]

John Kerry on the Republican Tax Plan: It’s a “Raw Deal for Our Children”
May 9th, 2006 @ 4:54 pm

John Kerry released the following statement today on Republican Tax Plan, which coupled with the fiscal ‘07 budget plan could put another bump in the debt ceiling.

“This tax deal is a raw deal for our children, our future and 99 percent of American families.

“The Alternative Minimum Tax will hit 23 million hardworking families next year because they were too busy giving the retiring executive of Exxon a $42,000-plus tax break and capitol gains cuts for his stock sales.

“This deal continues to throw billions at oil companies that even the President told Congress they don’t need. It’s the right thing to do to repeal these exorbitant giveaways for the oil industry and save American taxpayers well over $28 billion, but this Congress refuses to do it.

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