Did 'fiscal' fix raise taxes for most American households?
Peter Johnson, Jr. weighs
- Duration 4:25
- Date Jan 7, 2013
Peter Johnson, Jr. weighs
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If you -- agree with the Republican leader in the senate mr.
Who says we're done now with the taxi side of it now we have to concentrate on spending is that Don now that the red zone revenue side of it taken -- -- -- high and it is not a new president had said originally he went one point six.
Trillion dollars and -- revenue he took it down to one point two as a compromise in this legislation.
We get 620.
Billion dollars very significant high end tax.
Changing high -- tax rate to 39 point 6%.
But that is not enough on the revenue side.
That's not enough Nancy Pelosi admits she still looking for more new revenue -- taxes and that's code for.
Jacking -- taxes on perhaps everybody but the minority leader promises it would not hurt the middle class is that a promise.
She can keep Fox News legal analyst Peter Jensen junior joins us on -- -- -- America.
Did you ever see anyone -- known known known now with a with a better smile than that somewhat rambling.
Happy more revenues more taxes of course is going to be more taxes.
The president in the White House have said kind of privately.
Financial shenanigans that go -- half -- have to be.
In an -- more revenues yeah that may behalf in in reductions in the federal budget.
So we're gonna see more this admits -- Pelosi said you know we were the president looking one point six trillion.
He couldn't get it right we saw an editorial in the near times this morning pick that up for some reason that's a good reason to read today where it says.
Well let's look at the carbon -- -- Let's look at the value they're back on -- -- half the value added tax like it consumption tax a regressive tax.
Attacks it affects the poorest Americans the most -- every purchase.
This is only the beginning John Boehner saying in the Wall Street Journal there's not going to be any tax increases.
For the next two years according to the Republicans.
On his watch would -- have to see where the president is.
Where oh -- Nancy Pelosi is where senator Reid is missing.
Listen we didn't get our pound of flesh the first time around the second camera we're gonna get it -- -- tell -- something else.
We're not going to see the debt ceiling to reducing the federal budget this -- It's a full faith and credit issue we have to make little we we -- with the cubs earlier in the past that didn't talk about it separately.
Well you know what Peter the -- United States felt that he was reelected with a mandate to raise taxes on the rich.
They've done that and only the president about the rich people were people who made 200000 dollars now it's -- 400000 dollars to Republicans were able to double that.
But he already got that deal so if he goes back.
With the handouts and we need more from the rich.
I think the average Americans gonna go to.
-- already pay their fair share -- know what the average American is used to getting scanned them and and they were told by a lot of media outlets.
That they were saved from the fiscal cliff.
Forty and 50000 dollar tax payers in this country will pay 600.
Dollars more over the past year and a lot of them don't.
Even know it went if -- if several.
If the the -- attacks there was -- moratorium on it it's been taken off it was a holiday there was a holiday get in order to stimulate the economy reaganomics perhaps -- -- -- we can't do that anymore let's let's put the taxes.
Back on the working people -- were soaking the rich but single -- 2%.
So they're paying a 2% for the millionaire's tax the sale -- -- what happened 600 -- a lot of money now.
We accept all people are gonna start to notice that when -- some beer gut check on the elderly and a lot of other people to get it checks this week so 2%.
But they're coming for more well Nancy Pelosi -- said it I think she's a person of her word she's an honorable person I don't leave.
She believes that we should tax everyone more she said nothing is off the table and she said she was quote agnostic.
About where it should come from that's a fancy word for saying I don't care where it comes from its -- from somebody.
-- certainly not from her in the present United States doesn't have -- reelected again but John Boehner has made it very clear he's not connect to get a look at his hard stand up of this.
All right thank you very much looking at the cards -- -- --