Patrick Toomey actually said...

I would like to make another point about this which has to do with inflation.

The main reason that total revenue as a percentage of GDP is so much lower than the historical levels is because we have an economy that is ...

Isn't it true that as recently as 2007 the current tax rate structure yielded revenue that was about 18.5 percent of GDP?

I think it is abundantly clear that it is the investment of accumulated capital that makes economic growth possible.