I think it is good to remind ourselves that our Founding Fathers in the original Constitution did not want to penalize individuals that were going to school and working and saving. So the original Constitution says we cannot have a tax based on how much we earn, and that is what we were founded on. That is part of the incentive. But this body and Congress and the White House over the last 50 years have decided trying to equalize that wealth, dividing the wealth, taxing the people that have made it a little more and giving that back in some forms of government service to the individuals than have not. And there is a balance there. There is a golden mean. We want to help people that really need help, but we need to try to develop programs that help lift them up because we have got now a tax system that the young couple that decides to go get a second job ends up not only being taxed more for working harder to try to earn enough money to do well for their family, but they get taxed at a higher rate. So we have sort of evolved into taking away from the people that work hard and try and are successful, and dividing that wealth in a system of government where now 50 percent of the adult population of the United States now pay less than 1 percent of the total income tax.
Editor's note · Context
Discussing the implications of the tax system on hardworking individuals and wealth distribution.
Share
More from Nick Smith
I appreciate many of the concerns of the previous speaker; but I think everybody should be very aware that for the 8 years under the previous administration, there was not one year that we reduced the debt held by the public as defined by…
the reason we are here is to make clear to the world that we are not going to have military conscription right now for active military duty. I introduced a bill last year, H.R. 3598, because I think we need to seriously discuss the…
after listening to the previous speakers, Mr. Speaker, I think of Ronald Reagan's words, There you go again. Every 4 years we sort of experience the spinning and the demagoguery that takes place in this chamber using these podiums and…
looking forward to 2005, there are few more important issues for government than overspending and overpromising. Unless we get spending under control, government will lose the ability to do much of anything else except manage our…





