William Tauzin: “Think about it, there is no other place in America, not even our Federal courts, where you go and you are presumed…”

“Think about it, there is no other place in America, not even our Federal courts, where you go and you are presumed guilty. Even in Federal criminal court you are presumed innocent, and until the State proves you guilty you walk out a free person. With the IRS, you are presumed guilty until you prove yourself innocent. What an awful type of situation Americans find themselves in. Worse than that, as you know Jon, the IRS is a double taxation system. Not only does it tax your income, but every time you buy anything made in America, you are paying the tax of every business that contributed to the manufacture of that product. Economists tell us that could be a hidden tax of between 10 and 14 percent on the price of everything made in America. Unfortunately, we do not charge that tax to products imported. So, guess what? We import more products. It is a system that tells us do not earn money, do not save money, do not invest because we are going to penalize you, do not try to leave anything for your kids because we got inheritance and gift taxes that will catch you then. Even when you spend money, you better buy foreign products, because if you buy anything made in America, we are going to double tax you. It is a horrible system, and it is time we think about changing it for the good of every taxpayer; but, more importantly, for every wage earner and every business in America that would like to manufacture things here instead of manufacturing them all over the world.”