David Schweikert: “There is a path where this works, and I want to double down on something. I want to make it perfectly clear: We are not…”

“There is a path where this works, and I want to double down on something. I want to make it perfectly clear: We are not defending rich people, not defending poor people, not defending the middle class. We are just trying to tell the truth. This is how it works. This is about a society that prospers. Prosperity is moral, and we first need to shut down the excuses for not actually doing anything, saying oh, don't worry. Democrats do it. They had all sorts of chances to do it before this session. They knew the math was a fraud, but it makes for great talking points because then they can get on MSNBC or CNN and say we should just do this and we will be fine. It is not true. There doesn't seem to be a reporter in this city who owns a calculator. This is one Mr. Kelly and I have actually touched on. What happens when you have really high capital gains rates or really low capital gains rates? It turns out, when you raise capital gains rates really high, like some of our Democrat proposals, you actually get less revenues. We have charts of this going back to '54 when we started to play with some of those rates. I am going to show some numbers here when we get ready to close that if everything was at revenue maximizing, whether it be capital gains, estate, income, even corporate, take a look and you are only going to get about 1\1/2\ percent of the economy in additional revenues, additional receipts.…”