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This is seven -- joke concept bipartisanship.
Is it not.
Good original thought that we -- a lot it -- making great progress and we're doing with we think it's a really good things in -- tax policies that senator.
Does is people are used to the fights between Democrats and Republicans come back.
For one day they -- -- -- -- -- that went senator Greg Myers saying is that in the area of tax policies that the Democrats and Republicans going after each other.
Let's go after these special interest groups that hijacked the tax code and are keeping rates the seeming to be two -- what is your.
Croat proposal that's the first thing the second -- -- -- get the United States senate or anyone to consider it but yes -- You know anybody -- it's senator Graham who was just keepers who does not think our tax code needs some work.
Now know that's universally accepted fact because.
Are you gonna do is look at it means this -- and it's stretched extremely complicated and we laid waste hundreds of millions of man hours and you're trying to -- makes no sense.
Exactly you don't want that in place for the hundred votes -- you probably get a 103 votes for tax complicity with people and stuff up.
That the -- so this should be an easy task for you to at least get it considered.
It's I -- is there I mean.
-- he'd probably be getting Europe.
-- -- Well first of all this -- our building.
While we've done before back in 1980 -- Reagan teaming up with Bill Bradley Bob -- a whole host.
Democrats and Republicans.
Straightforward proposition go there.
Clean out the -- clean up the special interest rate hold down rates keep progressivity.
Big challenge is every one of those tax breaks that big -- They're all go to the finance committee which served there say it it -- tax break western civilization.
I want to part of this in the majority will your party take this -- The big challenge.
Getting the leadership in both parties to be one point.
Interest groups I think we've got a very good chance for example with the deficit commission -- summer.
-- if I'm amber but I'm on the Budget Committee we've got a chance when you look at all options this summer given back.
Right now spending -- -- revenues that are great.
Stated that the commission this summer there aren't very many appealing alternatives out there this -- one.
Things are gonna give this lift number one and make sense this is essentially taking the tax laws making them simpler making fair also making -- much more pro growth.
So that were more competitive in the world.
So the companies will expand here -- go someplace like Ireland where they get a tax break and so the company's overseas will come here and create jobs so this is.
This is a jobs bill that's the first thing.
But it's also a simple because we didn't -- if there in the corporate environment for most Americans and tax -- -- tomorrow.
You know it the tax code is so complicated you know this makes it's simply a proposal whether it's a good -- -- -- Well -- vast -- majority of Americans -- -- their taxes on one page and for people with incomes under 200000 dollars in taxes will probably go down under this bill.
We take the six brackets we can.
And make three brackets.
-- give a huge incentive for corporations to expand in this country by reducing the top rate from 35% to 24%.
And in the process we basically create a fair tax loss of the people know that just as you -- account you're not going to be able to gain the system -- -- me dancing in commissioning there.
Simply -- middle class person gets to triple their standard deductions that means if you're making 5060000.
In effect half your income is off limits if you're running a small business.
Want to buy a new piece of equipment we -- you write it off in the first year when you're talking to middle class people about getting a substantial.
Middle class tax cut.
You're talking with small business folks trying to expand competing in a tough global marketplace we've -- benefits for them immediately.
Almost craving this American people for a couple hours one as a bipartisanship to see your -- democratic US senator Republican.
US senator working together -- -- we don't in the public see much of that lately that's the project to simplify that humongous code.
You know we certainly love that.
Everybody thinks -- tax tax code is a message that's like you know we're craving some change or some facts.
Absolutely we are now the American people get this I mean.
It's not the American people get to sell in this concept.
And corporate America gets that it -- senator -- you know he's got ourselves this.
Bubble that surrounds Washington in as senator Wyden pointed out.
Church that there's every I didn't attacks -- a group that defends.
And what we're doing is we're taking a lot of those items out and were replacing it with a flatter fair tax and more and equally progressive system.
And we're also creating huge incentives for capital formation which is critical creating jobs so.
But there are interests that are -- -- be losers.
-- might almost be like war a decision that you make that union that if you set politics this ice at special interest aside.
Do you make decisions for the American people for the simplicity.
And for growth -- economy if this is a good decision it ought to be considered by the US senate and quickly.
-- you're being logical heaven forbid that logic should break out overall -- here's what the special interest groups.
Are gonna try to -- the American people in response to senator great they're gonna go news.
Advertising blogs and all of the new media to say look.
Senator Gregg and senator -- are talking about keeping -- something you -- It might be small but it's something that you like and you know both guys never will -- rates across the board.
So they're gonna frighten people tell them that they're going to be giving up something and they really won't get the rate cuts with senator Gregg and I.
-- prepared thing.
Is that like in 1986 -- an eight Republican president got together with a bunch of Democrats.
We're prepared to go the distance for just say this economic challenges that the economic equivalent war.
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