And now that it seems to be working, our opponents want to change it. Well, let there be no confusion on one point. I will veto any attempt to tamper with or take away the third year of the people's income tax cut or indexing. And each of those letters was signed by enough good Republican Members of the House and of the Senate to guarantee upholding a veto that I would put on any attempt to tamper with those tax reductions. Indexing is an historic reform.
Indexing is the very essence of fairness and compassion.
We don't need new tax increases. We need to control spending. This is Small Business Week. And we should remember that small business is on the cutting edge of innovation and job creation in America. The 2.7 million new jobs added in 1980 and '81, some 60 percent were in firms of less than 500 employees.