These are senior citizens who lived through the Depression. They are frugal. The gentleman is talking about my dad. He was raised in Brooklyn, NY. He fought and he saved, and because of the results of foregoing some pleasures and sacrificing a lot, he has savings now. Because of our tax system, he cannot pass that on. He is not a wealthy man, but he is a middle-class guy who saved. Because of that, he is now being penalized. That is the same person the gentleman is talking about: the seniors in Arizona, they are in Georgia, they are all over the United States of America.
Jack Kingston: “These are senior citizens who lived through the Depression. They are frugal. The gentleman is talking about my dad. He…”
Editor's note · Context
Discussing the impact of the tax system on middle-class senior citizens.
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