As I recall, gentleman, at that time, weren't there people who said that income tax could possibly get as high as 5 percent and they were laughed off the floor of the Congress, that income taxes could get as high as 5 percent? Am I right on that?
W. Todd Akin: “As I recall, gentleman, at that time, weren't there people who said that income tax could possibly get as high as 5…”
Editor's note · Context
The speaker is discussing historical perceptions of income tax rates in Congress.
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