Political Quotes

Paul Coverdell: I want to point out again, an average family in Tennessee cannot be a lot different than one in Georgia. It is about…

On the recordSeptember 6, 1996
I want to point out again, an average family in Tennessee cannot be a lot different than one in Georgia. It is about $40,000, $45,000 that this average family is earning in Georgia. I assume that is about what it is here. When you take 40 percent of that amount, you do not have a lot left. That is not a lot of money. A point I wanted to make is this is a bit deceptive. It shows that 38.2 percent is paid in total taxes, which, as you pointed out, was larger than what that family is spending for its house and household, medical care, its food, its transportation, and clothing. It is just unbelievable that the Government burden can be that large. But the point I want to make is that it is even larger than the 38.2 percent. Maybe we can collaborate on this and we can produce another chart. But built there is another 12-plus percent that is hidden in the price for the house and household, medical care, and food in the cost of Government regulation and management. It costs this family $7,000 a year. That is on top of the 38.2 percent.
Said by
Paul Coverdell
Georgia

Editor's note · Context

Discussing the financial burden of taxes and government regulations on average families.

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