Doris Matsui: “I am glad to hear that they have an answer, although it seems inadequate to me that we ought to have more hearings on…”

“I am glad to hear that they have an answer, although it seems inadequate to me that we ought to have more hearings on the poor folks, but we do not need any more hearings on the people on the top. No, that is perfect. The gentleman questions my number. The Institute for Taxation and Economic Policy says 66.9 percent goes to the top 20 percent, 42 percent goes to the top 5 percent. That comes out in the Joint Tax Committee the same. The Joint Tax Committee has talked about income distribution over and over again. They are saying that 75 or more percent goes to the top of the scale.”