What do you owe your country?
Talking Points 7/17
- Duration 2:49
- Date Jul 17, 2012
Talking Points 7/17
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Hi Bill O'Reilly thanks for watching us and I what do you -- your country that is a subject of this evening's talking points memo big debate nationwide because -- Obama's putting forth.
That affluent Americans -- their country more they're giving.
Last Friday the president said this about business people.
Is that you got about -- But you don't build up.
And get embedded on its own.
Apparently the president believes that the federal government should take more in taxes from wealthy Americans and business owners because the feds make individual success possible.
That of course is prompting some outrage here's my take.
-- man is an island everybody needs help to develop their potential lecture or however individual achievement is Jos back.
-- Obama did not help me develop the fact.
No federal agency helped me go to college I paid my own way I painted houses federal government.
Nothing to do it it didn't give me to pay didn't give me the brush.
Didn't help me up the lack.
Yes the founding fathers gave me freedom of speech to blow -- here.
And I -- the debt of gratitude to my country for that.
I am grateful and I am willing to pay 40%.
Of my wages to -- to the powers that be 40%.
The President Obama wants far more than that and I believe that punishes achievement.
Also that's absolutely not.
What the founding fathers had -- Because of my personal success I employ a lot of people.
Because of the Fox News Channel success if provides jobs for thousands.
I pay my taxes and I give millions of dollars to charity.
I give back.
Not enough for President Obama not enough.
He wants me and other high income folks to finance a massive.
Of wealth in this country.
Right now the feds can't do that.
Because a country -- sixteen trillion dollars so the president has to raise taxes on those who have to finance his social justice programs.
Today the Congressional Budget Office reports that the richest 5% in this country.
Of all the federal income tax the other 95%.
Picked up 36%.
Of the -- So there's no question.
That affluent Americans are paying their fair share and carrying a heavy -- Most wealthy Americans are not invading their responsibility.
But sadly that's not what the president is saying.
He wants to redistribute.
On the backs of the chiefs.
And that's --