You know, this is what I find fascinating. If people sit and do absolutely nothing, refuse to move and are as lazy as they can be, the government will do anything they can to help them. The fascinating thing is that that individual who turns around and they work, as the President says, they play by the rules, they save, they reinvest, they do everything they can to be good taxpaying citizens, at the end of their time, when they have done all of this work and accumulated something, and let me just say they did not just accumulate it because it fell out of the trees, they accumulated it because they had a plan and they worked that plan and they applied themselves to save, and after they do this, the Federal Government says they have done a great job, and what the Government is going to do is they are going to now penalize them. Now, personally, I think that is unfair. It is unfair to them, it is unfair to their children, and I think it sends the wrong message to the young people of this country who do not even realize what they are coming up against now. A lot of them, only 58 percent of the owners of small businesses even realize what their tax liability is going to be. Many of them do not. One of the reasons is not because they do not want to know, but that they are busy running their businesses and building their businesses.
James Whittier Parker: “You know, this is what I find fascinating. If people sit and do absolutely nothing, refuse to move and are as lazy as…”
Editor's note · Context
Discussing the challenges faced by hardworking individuals and small business owners regarding government taxation.
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