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It is time.
-- -- -- -- -- And the idea I -- the very idea.
Of raising taxes on small business.
And job creators at the very time we need more jobs is the sort of thing only in extreme liberal could come up with -- And that was President Obama campaigning in Cedar Rapids I was saying -- -- with him -- his daughters wanna get really rich.
And that was Mitt Romney campaigning in Grand Junction, Colorado.
Stepping up the rhetoric.
Against -- -- calling his policies extremely liberal.
-- this power play and what they're talking about -- candidates are talking about is the president said that what he wants -- -- -- is that current tax rates for everybody who -- -- salary of less than 200000 dollars to remain where they are but he wants a tax increase US taxes to go up for people individuals who make more than 2000.
Families with income 250000.
David -- And run by -- -- help us sort that out.
But let us now talk to somebody you've met before Internet.
You know her she is congresswoman -- Hayworth she's a Republican she's from New York State how are we doing congresswoman.
Great Chris thanks Mario.
Oh fantastic we're having we're having it is it -- -- over here today.
The question congresswoman is this.
The president says it's.
That at the very least at the very least at a minimum.
What Republicans in the house ought to listen to is protecting for a year.
The tax rates of individuals because at the end of the year everybody's taxes go up if congress doesn't act.
Well I think we should be protecting every American and from a tax increase.
And that includes say the Americans to -- have less than 250000.
Dollars a year in income.
And all the rest of us so many of the those who are in a higher category.
-- as we all know the small businesses and who would do there.
This -- earnings through their personal income tax statements.
We are driving the president unfortunately and governor Ronnie is exactly right the president is the biggest outsourced -- in the nation probably in our history -- Because he endorses a tax structure -- punish his enterprise and actually dries it out of our country.
The 2010 -- -- is driving medical device manufacturers out of the country.
This is a terrible thing for America and it doesn't have to -- that's what we're working so hard to reverse in the house majority.
Well you're senator Charles Schumer and -- the other team.
And expressed some concern he walked it back a little bit but expressed some concern that in -- place like New York 200000 dollars doesn't buy what it does in Tom why Iowa so.
Is there concern for people who are from states.
Like -- that had very high cost of living.
Well I mean clearly yes I'm very concerned about being.
Constituents -- -- in the Hudson Valley New York which is a beautiful yes very expensive place to -- very since this expensive state in which to live.
Why in large part because we have such high taxes and such heavy regulations and we don't as a state -- had to rent and enterprise out of New York State which is why we've lost two congressional district.
But -- what is the federal government should not be picking winners and losers this way.
On mom and the American people we should be treating people the president talks.
All the time about fairness.
This is a very important concept.
Let's -- -- here.
To every American who works hard who burns who was trying to save and invest and roll and -- here.
In the case of our small businesses in particular.
This is not the time to.
-- more from Washington that's a very bad idea and it does not -- the economy this is an entirely.
Toxic -- that somehow federal stimulus rosy economy it shrinks the economy is the evidence of the past three and a half years has clearly told.
Us congressman last thing isn't doesn't present have a point though that's that it would be helpful to take some of these things -- remember.
At the end of the year we're gonna have not only will the current tax rates expire but we're not going to be able from the government any more we -- huge defense -- coming we have doc fix we have all of this stuff that is being shoved into a lame duck session at the end of the year.
Because of the divided nature of Washington today shouldn't it -- some things that could be moved out and gotten out of the way now so it doesn't create a big train crash.
Chris absolutely and I would love to see.
Tax rates extended.
For at least a year for every American so we can hand that reassurance because -- that they healthy way.
Can generate greater revenues for our.
Federal debt that we face together is to grow the economy and and we can we can put extra energy into the economy.
When we allow Americans to benefit from the work that they do and when we allow businesses.
To grow and hire based on what they earn and not sending it to Washington to.
-- use in ways that -- not always wise as we know very well from this and case of the stimulus from Solyndra and from many other examples.
If you lived in Peekskill you know we're already congresswoman and Hayworth we thank you so much for being with us today thank you Chris it's always a -- OK gentlemen you have seen congressional -- functionality at at a very high level and up close and as the nation has been treated to the -- dose of that in a long time.
In recent days just give us you were.
Picture of how dreadful December is going to be -- start with you.
How old man any.
All I had were doing our Christmas shopping online yeah.
That's pretty good -- I know is going to be it's all the fiscal cliff and you're going to have everything from tax.
The taxes -- reins to the defense cuts to the seeds contain resolution of funding the government.
All of these things and more are going to come to a head in December and it's going to take a lot of energy and it's really gonna depend on who the next president yes.
Because of its president quote our president elect Ronnie.
Then he's likely to.
Help extend those tax for a tax rate the bush tax cuts.
Through next year -- its present bombings and a lot of expire.
Now what's gonna happen -- they're gonna just come -- So it depends on who wins what in the election if you come back we've divided government again good luck.
America have fun with that but if if -- if -- wins the White House.
Biodiesel has in the -- close.
You would expect.
That what you get in that lame duck session would be a punt for a couple of months.
And conversely if the Democrats the president holds on Democrats keep this and it may be erode the Republican majority has little bit you get it punch to and then didn't -- the new team comes in and does -- -- right.
Although I'll say I expected to tax cuts to completely expire a couple of years ago no really president -- no -- -- president -- on this it'll just going to the new year they'll fight it out.
The -- doing something retroactive.
But the two sides aren't going to be able to meet and Mitch McConnell the Republican senate leader ended up negotiating with Vice President Biden and we had -- two year extension.
So there is a lot to happen and I'm not saying it's going to get fixed and that's December data -- get it stays alive look attractive.
But I'm -- -- and -- right sort of depends on what happens in the election if they're all gonna play a game of chicken and then by about you know December 23.
They gonna announce that nobody's taxes are going up right because nobody really wants nobody really it's serious we're gonna we're gonna have to see.
What happens he -- more influence how these lawmakers feel many of them on their way outdoor.
Gentlemen we thank you so much for being with us today won't let them enjoy your day and who knew would feel that ninety degrees in Washington would feel like a cool spring breeze thank you very much for being with us today Internet two pieces of good news number one on the hunt with Jonathan Hunt is up next for you and now.
As we like to do every day we want to leave you with the word.
From our friend Charles.
But I think what's so impressive about this.
His -- small and game Obama's -- years ago comes in 2008 open change change the way Washington.
The words he passes a trillion dollar stimulus who aren't you spending in American history.
He -- -- health care bill that is 160 US economy attempts cap and trade which would control.
The energy industry he does Dodd-Frank which regulates finances -- guy wants to change America assess.
And -- he proposing here is they -- her idea of his.
I haven't playing for the next term.
A partial extension of tax cuts for one year unfolded just -- on are -- American.
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