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resident
George W. Bush has presented to Congress a proposal to cut the marginal
tax rates for all Americans. And today the Senate is debating limits on
free speech in political campaigns. It is time to pay tribute to the political
leader who showed uncommon wisdom on these issues a generation ago
the late Rep. William Steiger, Republican of Wisconsin.
Steiger turned the Republican party around on cutting taxes. In 1978,
he pushed through Congress a deep cut in capital-gains rates. This was
the first time in 57 years that the maximum capital-gain rate was reduced.
Steiger made the case that cutting taxes encourages investment, creates
employment, and increases individual freedom. His was the opening shot
fired in the tax-cutting revolution that Ronald Reagan took to Washington
in 1981.
But this was not Steiger's first contribution to American liberty. Alone
among Republicans in Congress, in 1975 he challenged the constitutionality
of the campaign-finance regulations passed in the wake of the Watergate
scandal. He did so in league with plaintiffs Sen. James Buckley (Con.,
N.Y.), Sen. Eugene McCarthy, the Libertarian party, the Mississippi Republican
party, and the New York Civil Liberties Union.
Steiger was also widely recognized as a gentleman of the old school who
acted with civility and kindness toward friend and foe alike. He continued
in office, fighting for his principles, despite suffering from chronic
heart disease. He died shortly after his trailblazing tax cut became law.
And one final point: Among those who worked on Rep. Steiger's staff was
our current vice president, Dick Cheney. Steiger's legacy lives on.
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