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A Tax Hike By Any Other Name
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Rep. Louie Gohmert, (R-Texas), reacts to news that House Republicans are eyeing tax breaks and loopholes to raise revenue.
- Duration 4:23
- Date Jun 21, 2011
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Rep. Louie Gohmert, (R-Texas), reacts to news that House Republicans are eyeing tax breaks and loopholes to raise revenue.
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Senate Republicans have pledged the tax hikes are off the table in the ongoing debt talks -- Vice President Biden.
But just yesterday house majority leader Eric Cantor told reporters quote.
We are not opposed to revenues we are just opposed to tax increases.
-- wage isn't in the -- How's our house Republicans trying to redefine what is a tax increase.
Whether that's as a house Republican has been fighting against digging America deeper into debt it against tired taxes here -- Texas Republican congressman -- calmer.
Congressman go -- it's a pleasure welcome back to freedom watch.
Always good to talk to you judge that you did did I miss reed did all of us -- Majority leader congressman Eric Cantor when he said we're not in favor of tax increases.
We're just in favor of revenue increases what's you want to talk about.
I didn't have been moved out.
I'm in favor of higher revenues from taxes.
But you do that by stimulating the economy.
By getting out of the way so that the economy can grow.
That's what has happened in the past and digest -- and folks from.
Turkey.
About how well their economies going and -- said -- you must have had.
Some massive.
And mean the stimulus packages to get your economy going and they don't understand sarcasm -- that -- -- -- -- that's crazy.
Now we lowered our corporate tax rate to 20% companies came -- it.
That's how you were increased revenues from taxes -- lower the tax -- you stimulate the economy that way.
I know what the administration is hoping they're hoping that we can create another senses.
Because that's where most of the jobs came from that this administration created -- right very clever.
Earlier in the show your colleague on the on the side of the capitol building.
Senator John -- from Wyoming told us that the idea of raising taxes is dead on arrival in the senate.
Would you give us that same statement congressman go armored.
That the idea of raising taxes is dead on arrival in the House of Representatives that should be pretty easy for you to say that.
Well I won't pledge that but then again that our speaker create -- some folks put together a pledge that that -- -- but I took out pledged to work.
And get a hundred billion in cuts this year -- not for part of the year.
But for a hundred billion in cuts.
And then as best I know we ended up with a 352.
Megan to show for those of us who made the pledge so I can't speak for our Republican leadership.
I can't speak for this person in many other Republicans I know.
Increased taxes are dead and hundreds upon arrival.
Unless there's some deal made above my head that I flat against.
Guess I certainly don't support that and I know most people I'm close to would not either.
-- the last speaker Boehner and the leadership cut a deal with Vice President Biden.
To raise the debt ceiling is it true that many many many Republicans.
Including you will oppose that.
On the grounds that we have to stop the borrowing we have to stop living beyond our means and the time to do so is now.
That's true I've said there's no way that I vote for a debt ceiling increase.
But I do have an unless unless it is such a tremendous game changer.
And that does not made trading a few bucks here for few bucks or even a trillion here trillion there because in those cases they're talking about.