Is tax reform the biggest issue of 2012?
Our 'Campaign Insiders' weigh in on
- Duration 3:28
- Date Apr 16, 2012
Our 'Campaign Insiders' weigh in on
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Be right back now the campaign insiders -- -- packet on John would put the eight all are Republicans -- making a mistake in opposing the Buffett rule.
-- Obama's gonna use this is a blunt political weapon morning.
In the short term they are making a mistake but there's a larger problem.
Which is they don't have but overall plan to reform the tax system.
To promote economic growth and reform entitlements the Ryan plan as we've discussed before is a non starter Mitt Romney has no plan of his own.
So the Buffett rule becomes the definition in the campaign and -- sort of pop acts but it is disingenuous and this is the issue and I don't understand why Republicans over the which -- Corruption of course they want money from but.
Look the 15%.
You got to 15% to 15% -- Capital gains but you have paid what managers making 3400 billion dollars have a special exemption.
But allows them to pay ordinary and it's an ordinary income that can tell you know how that -- Chuck Schumer and Max Baucus.
-- in 2009 sold it to them they -- her money for Democrats.
You don't this is about corruption you could go what you could at least support back at both sides has -- -- -- the Republican as a sure thing.
Here's how you congressman I mean all the American public skating here is the GOP is defending the rich in the super ripped that's all the gonna -- right.
Well that's why Obama's salivating over.
Having Mitt Romney -- opponent -- -- he's got bank accounts should -- Republicans say you know what we have to change this.
We're gonna get rid us a little loopholes and exemptions that's worth trying to say absolutely have to wonder about eleven years -- at the Republican.
I've seen my party take a position.
With this Grover Norquist thing where no one can talk about raising a tax which this -- even if you take away and the loopholes and they're raising any tax rate that's when -- -- 2.0 and ultimately consigned them to -- political.
Position of inferiority.
To which means they can't talked about.
Real solutions to real problem exactly because they have to defend the indefensible which it.
They don't have to depend -- -- great impact you can say.
People get the rig the rules shouldn't be allowed to rig the rules.
And Obama helps them so that's an issue all of -- sudden but -- -- your of your formulation of mr.
Nothing that does anything all the taxes fizzle out and this is accurate at a 100% -- -- People want to -- want.
You just deflate the entire Obama tax argument right until it was really good to -- the right where the damage is happening as among independents that's that what they're targeting independents believe.
The Republican position as a crazy position there should be taxes higher on the -- rich.
Well and we've done taxes alone at least they shouldn't be able to rig the system did in world -- and what those voters can't.
You know that's the point you could be for some reform not for -- time.
Gentlemen we got in more than I thought we would be given no what was happening in Colombia and thank you very much Doug -- back at bill on the woodgate.
Good to see if they'll be back again.
You can get more from the campaign insiders every Monday in fact at 11 AM.
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