How will Romney respond to the potential tax cuts?
Brad Blakeman and Eric Yaverbaum discuss the middle class tax breaks
- Duration 8:27
- Date Jul 10, 2012
Brad Blakeman and Eric Yaverbaum discuss the middle class tax breaks
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Governor Romney back out on the campaign trail today off to this.
Rather swanky vacation he had up in a New Hampshire.
I've got a bit of stick for that memories of John Kerry and -- I think that you are you relieved to see him back on the trail doing some work.
Absolutely look if if.
Not like he's president playing 93 rounds of golf for taking sixty out and should -- the guy took a week off he deserved it.
And now he's back on the campaign trail a lot of ammunition.
And also gearing up.
To go to Israel so he's got a lot of things on his -- also picking a VP and working on his convention speech yet.
-- he's he has got a lot to do what one of the first things he's going to be -- today though if anybody gets any press time anywhere near him.
Is his response to president Obama's comments yesterday on tax cuts.
On the what do you expect mr.
Romney did it he's kind of slightly somewhat backed into corner.
Because the president has brain this is I don't help guys like that -- governor Romney did well that seems that at.
Everything is positioning and posturing and you know should I go on the vacation should I not -- the vacation.
You know and it's very very difficult three with either candidate.
If the president or Romney what they're gonna -- on any given day because the reading poll numbers you know on an ongoing basis.
It you you can expect the curve ball or a mistake on any given day now and right now everything is amplified just like me it's fine that Romney goes away but we'll we'll all talk about it because now he's a rich guy -- on -- rich vacation but we're.
And the president DOS and you know the -- you that you guys we'll talk about that -- I'm because he's supposed to be in office and everybody takes a vacation whoa what will talk about a lot of silly things at the end of the day.
My house is still worth less it still cost a lot of money to fill up my a car at the pump that's what the issues are that's why people are getting impassioned and interest didn't involved.
All right -- Brad and what should it governor Romney say today and what do you think he will say about these tax cuts simply I respond.
Do you think his response will be and should be.
We need tax cuts to keep all the bush era tax cuts.
Actually when things aren't the bush era tax -- the Obama.
On the fact the matter is that the president ran against the bush tax cuts and now what has he done he's re -- them and he's likely to re -- them again.
The problem is that he wants to divide us he wants to pit one group against the other one we're all in this thing together.
And the people who create jobs to the people at the highest into the wrong the president's -- himself.
The problem with the president is he got rich by being famous he didn't produce -- -- and he didn't hire anybody and he didn't build anything other than building his own persona.
So there that when the president talks about everybody else he's talking about himself.
The president the 1% -- The president it is is trying to divide America to deflect against his record well the bottom line is we should be raising taxes on anybody that should be Mitt Romney's -- And you heard it he he's he's -- -- 1% -- I mean this is the guy who.
Hadn't paid off as college loans and tell -- first book became a best seller so he's sort of knew that.
That he's got a net worth the ten million dollars yeah I look like yeah.
And everybody just fell off the turnip truck well again and the anybody who didn't in the Oval Office is gonna have behind that what period for the rest of their lives they're they're going to live -- I haven't gotten rich he got rich by being famous.
That's how -- got rich -- yeah.
Look at it and and by the way I I agree that I know about Romney pretty politics in that vein in my now he's getting knocked for a lot and I think it's ridiculous.
I'm a Democrat.
And I'm a supporter of Obama I see nothing wrong whatsoever with what he did and and I don't believe we should be knocked him at all Brett or Brad I wanna bring in some -- viewer comments here.
Dead wild cat says 21 you taxis and still President Obama wants to raise taxes.
Can you read this is what tax cuts he's raising taxes.
On people making over 250000.
And Mike cada who always thinks that I'm completely unfair and unbalanced says.
Rich vacation or how much of the president's vacations to Martha's Vineyard cost over the last three as fair and balanced right.
Mike thank you as always for being that.
And Griffin 57 -- says and here's a question which Michaels say is a very liberal loaded question that I'm asking you Brad.
But you'll from the Republican side so -- -- asking these questions.
A Serra says what was so wrong with a tax levels of the nineties the Clinton what was what is wrong with president Obama's point was.
We did pretty well under the clintonian tax code.
But where we're not doing well now we're not doing well well -- politically -- tax -- are under a bush era tax cuts.
Yet and that's all the more reason why you want to give as much and -- as possible to those people to create jobs.
You want to eliminate capital gains in my opinion you want to scrap an unfair tax code and you wanna give certainty a surety the marketplace.
That they're gonna know what the the future will bring them in the next five years just like a corporation has a five year plan America can't even get a yearly budget.
Even when the president control both houses of congress and the presidency was unable to produce a budget so you went what you need to do if you need to prime the pump.
By giving money to the people not giving money to the government to spend more money that they shouldn't be spending.
Direct yes you know I think that the it comparing to one decade to another decade it's apples and oranges the whole world changed right I mean no Iraq.
The the financial apple Clark got -- just bear alone mean and and you can pick a million different places that you know then it won't -- -- -- for appoint carry out so -- how to do it but do you believe.
Present the president is right in saying it.
Bill wealthiest Americans that wealthiest 1% and that is where this would would.
End up mainly it is an interesting Graf in talking points memo today at an -- -- I'll get -- admitted on the but that this 1% of the one that's what we're really arguing about it yet whether that one we'll -- haven't written argument about the 1% 99%.
Of the others vote.
I on this so -- yes we have a big argument and and get a big argument about them.
Dollars a year I mean and that's not depends what market you live and sure sounds like an awful lot of money but just -- you live in New York City it's not an awful lot is not an -- -- -- -- by and here I mean.
That may be close to paycheck to paycheck on that kind of money in -- in in this particular city but right now that's what we're drawing the line.
And you know so the it's the age old debate -- who's gonna pay him I think everybody -- -- Brad.
Wasn't one of bad that that the point that they it is really what we're fighting about here is everybody agrees.
Middle class Americans need those tax breaks that are already that they did not need the extra taxes right now but this very very wealthy top 1%.
Really can manage without them.
Well here's the problem you could tax the 1% and a 100% -- come we're not gonna make -- -- against the sixteen trillion dollar.
Deficit and our annual budget.
This is a red Herring the problem is we have a government that spends too much and takes into little if we reduce the size of government and make them responsible.
To the people on every dollar -- spent.
-- will be able to create more jobs pay down the deficit you know why because we're taking in more money.
And we're taking in more money because people are more successful you don't penalize people for success you herald success and by the on the other side of the point.
If you don't create new government agencies that we can't afford like Obama -- There you know I think that the you know that.
The whole notion that.
One I don't I don't want to feel bad about being successful I -- I'm and I you know on I'm on the democratic annum from the left and I support Obama I wanna feel guilty about any success that I am I ever had in my career.
Which is now really the position that anybody is successful is put in -- If you have money you ought to be able to help everybody else out you know I don't know that that's.
Possible and it is the fact that which I have flu that it's at the fact it doesn't matter whether we agree or disagree is that.
We can tax the upper 1%.
100% of what they have.
And it's not gonna put -- -- your right in in in the problems that we have now I think there's a lot of people walking around with that in the little delusional thinking that.
Because that 1% can afford it we couldn't accept -- but that's not the answer to the problem by -- hold your thought.