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Will there be a tax cut decision?
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TJ McCormack & Jehmu Greene on what Congress will do before and after the election
- Duration 5:23
- Date Jul 26, 2012
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TJ McCormack & Jehmu Greene on what Congress will do before and after the election
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-- date are the spring and the political panel to get into this.
Ongoing debate TJ McCall -- host of Sunday night with TJ would collect on LA talk radio dot com and you can tweet him -- TJ.
The Coleman -- and -- and -- his right.
Physically if not politically.
Jim Green Fox News contributor who goes by the one unit named Twitter handle because as we've just saying she is the LA -- politics.
Actor Jim -- good to see you -- it.
Really we have to we have to do this tax debate all over again I mean what why why do they actually do it.
Because nothing as rich just said is getting done until after the elections the water is the point why do we have to listen to the -- On and on and on a nominal.
Well the original point of the -- tax cuts where for them to be temporary.
And so.
We kept extending them and extending them they never -- temporary it's about time I think that we finally get back to a place where.
But we're not going to so why Volvo walk so we settled I'm not chat yesterday actually one of -- very Smart he was sent.
Why don't we in an election season tell congress go home.
Fund your -- election campaigns go away from -- -- November because we know we don't gonna get anything done -- it's all about politics.
So -- I actually even indoors that if they stopped getting paychecks -- and things not getting health care and contributions to their pensions but we know that that's not going to Iraq.
To get.
It's off.
-- isn't it it is than they like is that this is this is lame -- time to do nothing session -- -- listen and compared to when they are supposedly doing stuff.
You know honest and just -- hold their feet to fire.
All that's -- You know this -- think -- thing for example like how how how did this and it can just take some -- and judges dismiss it because the have a chance we'll know.
Do -- job.
About 3COM -- vote Democrat Republican I don't care who the leader who the majority is.
You get something especially when it's -- twentieth thirtieth time but you just you just put it away because it doesn't have a -- -- Filibusters.
If you're going to net and actually got it let's -- exactly that filibuster -- -- because then they have to pay the political price whether it's my guys your guys they have to pay the -- or not pay the price you know and so.
I I'm really getting tighter than doing nothing and death.
I think it's also just.
A little disingenuous to me stats -- about the American's wealthiest because America's wealthiest are not -- doesn't start at 250 K -- did that depends.
All along when you moral 2151000.
Living in Manhattan is on a -- -- the -- to something -- No right -- and I think many people as he -- established that at the wilderness.
Based on a regional fairness.
Then you know that maybe she can star Leahy -- -- -- that's -- difficult.
Point knows that if you do when you try to put in the thresholds of any type unless you go up to the million dollars.
Level and then you could say everybody's pretty well off to -- but it's a top to put in a blanket blind you while wealthy.
Because because of the size of family geographic location classification.
Out of the equation.
Why can't we just go back to time when the Communists I mean let's go back to the rates that were under President Clinton who.
Do you get I think Larry I I didn't seem to work.
Well but but the trouble is is that is what if we -- went back to those rates and President Clinton we still have a whole bunch of of other taxes that are in the pipeline that are about to up to come back next year you sell your house you're not paying him 15% capital gains you're paying 23 point 4% capital case.
You know there is so there's a lot of of of of taxes coming up.
Beyond as as the first -- -- was second.
Beyond income taxes that are are being raised -- the right let alone everybody's local property taxes -- this is sales taxes local and state.
Yeah it's it's gotten around what forty plus million dollars last year right.
15% all based on my that he was already taxed on -- over and over the overwhelming majority of Americans say that is not fair for -- who -- -- for a woman to up 49.
-- always those that and actually I wanted to I guess maybe this is bipartisan questions you know why why wouldn't -- Just start at the million dollar thing because that would put the Republicans in the sit in in a position to it to.
Why did that -- the congressional leaders go along with the president at 215 that'll hold their ground at the million because that would put the Republicans and really yeah I -- -- to -- them politically speaking the millions seems this mom lose you lose.
-- -- -- -- It didn't work out budget wise I mean there -- -- need to raise a certain amount of revenue which we.
Deficit reality and funding reality with.
Spending decisions than ever been made.
And it's just I think you have to be.
Smart you have to be practical and you have to be reasonable and we have not seen Republicans are for the most part.
The reason I would.
Said he's low rate of our viewers would look at every single person of every political striking congress and say -- reasonable and what was the other.
Practical practical not equality.
It's -- of the -- here is not reasonable and practical times.
All right David Lawson weighs in on this the media's been misleading on the tax cuts issues that if you make more than 250000.
Is for married people single people it's actually 200000.
So -- what are we gonna have a lot of co have a couple -- don't get married to for about a tax breaks and Bob.