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David Schweikert: “We still functionally get a little less than 18% of the size…”

Featuring: David Schweikert, Republican | U.S. House, Arizona, District 1

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Schweikert: Congress Has Handed Control of Nation Over to the Bond Market

Published | Video Starts at 11:23

If you have a llc, a pass through a subchapter S employee owned, your taxes go up next year. And that's already based in this number. We still functionally get a little less than 18% of the size of the economy in taxes. But we're basically the blue line going up. That you gotta understand. And I know it's a 30 year chart and no one wants to think about something 30 year chart. (11:23–11:31)

CLAIM

Asserts that tax receipts are less than 18% of the U.S. economy.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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