Jack Kingston: “Well, and it really is so fundamental. We have all heard the old expression, why do you rob banks? Because that is where…”

“Well, and it really is so fundamental. We have all heard the old expression, why do you rob banks? Because that is where the money is. Why do the people who pay the taxes get tax relief? Because they are the ones paying taxes. It is not that hard. These are some numbers according to the IRS. The top 1 percent of all income taxpayers pay nearly 37 percent of all taxes. That is the top 1 percent. The top 5 percent pay 56 percent of all taxes, and the top 10 percent pay 67 percent of all income taxes. Then the top 50 percent pay 96 percent. So how are you going to have tax relief without these folks benefiting is beyond me. But then again, I do not subscribe to the fuzzy math some of them had in the last 8 years of the Clinton administration. It is hard to follow these things. I ran the numbers though as a Georgia representative as to who would these folks be. Well, listen to this: 860,000 Georgians will get some form of tax relief. And 60 percent of those who will benefit from stopping the double taxation on savings make less than $75,000 a year. Eighty percent of Georgia taxpayers, that is 4 out of 5, 80 percent of them earn less than $50,000 and virtually all of them will get some form of tax relief from this plan. So I am comfortable. When somebody says 80 percent of the taxpayers in Georgia will get some tax relief, I am comfortable.”