Also in this playlist...
This transcript is automatically generated
Meanwhile union leaders are today teaming up with the democratic national committee to push for tax hikes but it's on the wrist while touting private sector job growth you're -- right.
Private sector job growth of former -- update presidential got a Mike Huckabee is he some irony.
Well it is pretty amazing that we're talking about increasing taxes at a time when.
We really need some things that'll get the job market going and what Ed was saying is so very powerful and you know you hear people say would Mitt Romney's not paying -- taxes that he's basically making an off.
Capital gains he will be come January -- see a tax increase as will a lot of other Americans he probably can afford it -- a lot of retired teachers who retired fireman.
Who are living off investment income who cannot.
You know by the way it is not a huge -- its -- As it turns of the release of the president's.
Taxes today president's tax rate.
Mitt Romney is but I digress.
It do you get a sense though governor that this will be an issue that resonates or.
Argue about who pays more taxes what the -- -- will register period.
Well the Romney campaign has to be very careful that Mitt Romney does not come across as a person who doesn't understand and doesn't care.
-- people don't present wealth and others they resented if that wealth is seen as arrogance but I think Mitt Romney's message ought to be as the look.
You don't elect a president who's not honest enough to pay his taxes but neither do you want to elect one -- so stupid he would pay more taxes and he knows.
That's a great kind of approach to take everybody gets that nobody in this weekend's gonna write a bigger check than they have to -- the IRS.
Well again and and and even states that they can voluntarily -- more -- nobody's that stupid if they aren't they yeah.
They really don't need to be voting -- -- -- -- vice president Joseph Biden.
-- comment a little bit on this whole tax -- ripping Mitt Romney are trying to -- the bliss Texas wants you to react to this -- That's another trillion dollars.
In tax cuts over the next ten years going to the top 1%.
I don't -- for crying she's going.
-- -- -- He didn't.
That's what is Smart here.
I -- -- -- debate he was smarter than Joseph Biden because what what it's just been seen in that little clip.
Is the fundamental difference between a liberal and a conservative.
When there is a difference between the amount of money government has coming in and going out -- the liberal says we need more taxes the conservative says we need to cut spending.
That's the fundamental difference one group sees that the problem is we've -- money we didn't have the other is we haven't taken enough money that wasn't ours to Begin with so let's take some more.
All of this in the same week we had a lot of talk about fairness.
What Ronald Reagan would have won and all of that and Ronald Reagan's which of course was that everyone -- pay taxes he was trying to get rid of special breaks have prevented -- special -- for not paying any taxes at all.
You have this -- announcing anything at all about the half of eligible filers who pay no federal income tax at all.
Well I -- it goes to kind of understate what I would always believe is the best -- total tax reform.
We -- we're toying with tax rates what we ought to be talking about is a fundamental restructuring of the tax system.
I abdicate that fair tax which is a tax only on our consumption.
On what we purchase.
It is not attacks on our productivity.
Why should we penalize the things that are productive the things that make a better economy if we argument against -- you're doing.
Is that it would be regressive but it wouldn't be because in the fair tax.
There is a predate that essentially on taxes the -- for all -- basic necessities.
In fact the studies show that the people who benefit most of the fair tax of the people in the bottom third of the economy.
And so it it has the opposite effect as it's often been alleged to being regressive it would be if you -- a pure sales tax.
Where there was not a predate that on tax poor people's basic necessities would you -- on this weekend Dolly Parton is going to be with this so you know you better -- and a lovely lady absolutely delightful -- The lovely -- now that's a reprimand senator to get to governor and his fine -- Huckabee what I notice is every once its ups and that's power.
Know what sets up to me that is not I'm working on it but for now for -- he's still here.
Filter by section