JOHN LINDER: “What we have learned after 87 years of the current system is this: if…”

On the recordApril 13, 2000

What we have learned after 87 years of the current system is this: if we had sat down at the beginning of 1913 and asked ourselves how could we build a tax system that would punish people for earning and working hard, a system that would be obstructive of capital formation, we could not have done a better job. Our tax system is the largest impediment to people moving from the first rung of the economic ladder to the second, because the harder you work, the more you save, the more you invest, the more we take. It is a system that is inefficient.

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JOHN LINDER

Georgia

Source

govinfo.gov

Editor's note · Context

Discussing the inefficiencies of the U.S. tax system during debate on the Date Certain Tax Code Replacement Act.

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JOHN LINDER: “What we have learned after 87 years of the current system is this: if we had sat down at the beginning of 1913 and asked…”

Editor's note · Context