Political Quotes

On the recordFebruary 22, 1994
I have in my hand a W-2 form. Every working American knows what this is, but I think it's an excellent time of year to look at this W-2 form to see what government does to us, by observing how much they take out of our paychecks. If you are an average working person in Michigan, government takes 42 cents of every dollar you earn. The Federal Government taxes too much, borrows too much, and spends too much. Those under 40 should pay particular attention because if you retire after the year 2020 you're in trouble. There will be just two working Americans to support each Social Security recipient by that time. Your Social Security taxes today don't go for your Social Security, your Medicare deductions don't go for your health insurance. It's a good time of year to think about what kind of government you want, the kind of person you want to send to Congress next November.
Said by
Nick Smith
Republican · Michigan
Source
govinfo.gov

Editor's note · Context

The speaker discusses the impact of government taxation and spending on working Americans.

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