David Schweikert: “I am here to speak about one of the ideas in this package that I have, shall we say, 5 or 6 years in; and the…”

“I am here to speak about one of the ideas in this package that I have, shall we say, 5 or 6 years in; and the interesting thing, it was a conversation back and forth with a number of Democrats on the other side. It was one of those--it started as sort of a philosophical debate. Often you hear us fussing at each other here on the floor, and we will get into these debates of, well, the concentration of wealth in the country; you know, the number of folks who now hold so much wealth. Yet, if you take a step backwards and look at the way we have our laws set up in this country, we don't decide that you get to invest in certain types of activities because of your talent. We don't decide you get to invest in certain activities because you are an expert in the technology or the business model. We actually have a series of rules that, if you have $1 million, you and your wife have a certain income, then you are allowed to invest. You think about that. So if I came to you right now and said, I am going to judge you by the size of your bank account and not by your competence, that would be pretty outrageous.…”