But some of our friends think that we have to have these people pay lots of taxes because that is a good thing. What we are sort of saying is, well, we have to pay a certain amount of taxes, but at the end of the day if they pay more in taxes, it means they have less to invest or give away.
Discussing the implications of high taxes on investment and charitable giving.
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I am going to close up here. If you have any closing thoughts, Chairman Hoekstra, go ahead. Then I am going to close up and yield it back here in just a few minutes.
I would only close by saying that financial literacy clearly is an idea whose time has come. I thank the authors for bringing it forward. I urge all Members to support the adoption of House Resolution 148.
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