Second thing we ought to do is to help people raise their incomes
immediately by lowering their taxes.
We took the first step in 1993 with a working family tax cut for 15 million
families with incomes under $ 27,000, a tax cut that this year will average
about $ 1,000 a family.
And we also gave tax reductions to most small and new businesses. Before we
could do more than that, we first had to bring down the deficit we
inherited and we had to get economic growth up. Now we've done both, and
now we can cut taxes in a more comprehensive way.
But tax cuts should reinforce and promote our first obligation: to empower
our citizens through education and training to make the most of their own
lives. The spotlight should shine on those who make the right choices for
themselves, their families and their communities.