Rae Oliver Davis: “I think the one thing that gets lost in all this, too, I remember when I was young and I did a little work on the side…”

“I think the one thing that gets lost in all this, too, I remember when I was young and I did a little work on the side when I was first in the aerospace industry and I thought it was so great to make a little bit of extra money basically to pay for Christmas, and when I went in to do my taxes the following spring, I found out that at the very low-income level I was at, because it was independent contractor work, that heralded the alternative minimum tax and almost made it not worthwhile to have expended the many hours that I did on the project. I think what gets lost, what Mike was reading here, I still am marvelling that our tax dollars paid to create such a behemoth, that we were investing in something like that, which gave me a headache just listening to it. Although I could see the goose bumps there. But other than being a job creation program for accountants, most of whom do not like the complexity of many of these rules because of what it does to their clients, I think we need to look at a more human side of the impact that regressive taxes have. By reducing taxes, by allowing people to keep more of their own money, it created jobs, over 7 million jobs. It has kept our money local. I think that one of the things I would like to point to for folks here who are watching the Countdown Crew, and you can contact us at [email protected], we want to create taxpayers, not raise taxes.”