As a school boy I always fantasized being one of those Indians that dumped the tea into Boston Harbor originally, and I have to tell you that I thoroughly enjoyed myself today as we made a statement across the country saying that the present tax system will not do any longer; the American people have had enough of it, it is unfair, it is too complex, too complicated, and we need to take a step like we took today in an effort to do the wonderful things we are doing. I mean, how can you not be for anything that will repeal the corporate income tax, the personal income tax, the inheritance tax, capital gains, gift tax? I mean, how can you not be for that, knowing that we are going to very nicely fund the country on a 15-cent sales tax, and I hope tonight we will talk about this a little bit and help explain to the American people more details in your fine bill.
Charles Norwood: “As a school boy I always fantasized being one of those Indians that dumped the tea into Boston Harbor originally, and I…”
Editor's note · Context
Discussing tax reform and the need to change the current tax system.
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