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Earlier today I sat down with speaker Boehner take a listen to our exclusive interview.
speaker thanks for joining us it really appreciate your time.
Good -- and I want to talk to you first about what's being called the buffet tax the president today saying there needs to be a new minimum tax rate.
For people making a million dollars a year or more can get behind that.
I don't think I would describe class warfare.
America has a spending problem with the government continues to spend more money in what we have.
And I don't believe it makes any sense to tax the very people.
-- we expect to invest in our economy helped grow our economy.
And to create jobs in America.
And if -- ever given a president vice.
My advice would be let's tackle the spending problem.
Let's get our economy on get more people back to work more people on the tax rolls.
And that we any more revenue -- it will take a look at where we can get of them.
The presence says that he'll veto any plan what that is shared responsibility.
Can you guys come together somewhere is there any common ground for a new victim -- there are areas for common ground on.
Pretty sure that you'll see us move for the free trade agreements with the White House will send them to the hill hello I think the congress -- to -- I did when it comes to infrastructure.
There may be some common ground in terms of helping to rebuild America's infrastructure that's badly indeed the bill.
Is an infrastructure bank though the right way to go about this I think that.
That's asking for trouble.
Of the administration.
Walk you -- around cash.
In terms of building projects is not my idea of what Congress's responsibilities.
I believe that so we've got to find a revenue source.
But we've got to get the money out to the states.
And let them make good decisions about that the needs in their specific states.
We have back to deficit cutting for just a second the president says he's meeting -- meeting congress halfway.
With three trillion in cuts happen that from tax cuts half from tax expenditures.
Now do you really think -- really think it's fair.
To take a trillion dollars and less spending on wars.
And claim it as your own.
-- -- -- -- -- -- -- -- We all knew that we're gonna spend less than in the -- -- walk him.
Of the wars in Afghanistan.
-- nobody really felt like we ought to be taking credit.
For what was already going to happen.
I think what you're gonna see today is pretty vivid example.
Of why the president and I were unable to come to an agreement on the big deal.
Because of the president would never say yes.
Two real cuts.
Real changes in our entitlement programs to strengthen them salute that so that they're there for the tens of millions of Americans -- Campbell.
But now congress -- to be in a position of possibly making those cuts to Medicare and Medicaid championing them -- being.
We're not getting behind the buffet tax have you been out -- here corner.
Auto -- so the president.
Is middle a lot of ideas and -- a lot of ideas after over the last couple weeks.
Again some of them have just have merit.
But when you began to look at some of these tax increases the president has talked about.
Members from both political parties have rejected.
And I think that the congress will do our work.
In terms of reducing the debt and reducing the deficit.
It's our job to do and I believe on a bipartisan basis will do.
Is the president's plan a nonstarter.
I think there are elements of the president's plan of where we -- Let's talk about jobs fourteen million Americans looking for work.
Very difficult situation talked about it last week in a speech.
We've got up 4% unemployment back at the beginning of the Bush Administration is that the new normal.
Why don't of what the new normal -- but.
America's job creators are essentially on strike.
They look at all of these regulations come out of Washington.
Whether it be about Obama care -- Dodd-Frank the PA -- that the number of agencies.
Is exponential and all of these regulations recombinant job creators causing them to be scared to death -- so what new rule or regulation -- gonna have to deal with.
A secondly they have no idea what the -- is going to be a year from now.
Because we've only extended the current -- rates through the end of next here they don't know what the rules are going to be.
As I think it's so important that we want America's.
Job creators to do what they do best we need to get government out of the way because today government I think is the biggest problem their face.
Did you learn anything today -- the folks at these companies about what needs to be done next.
Well what -- you see here.
Innovation is at work.
American entrepreneur workable and of -- -- create jobs will come up with new ideas.
Problem is is that government regulations tend to stifle this type of innovation this activity here in the United States.
And it's pretty clear here what needs to happen we need to get government out the way we need to good corporate tax.
A rate down in eleven American innovators and entrepreneurs do what they do best.
Great jobs you mentioned dad cutting corporate taxes.
How what should the tax could be changed what loophole should be -- why don't.
That we don't wanna pick winners and losers picks up that we do believe that the target.
A flatter fairer tax ought to be about 25% on the corporate side and that's operate on the personal side of 2.5 percent as well.
And regardless of what kind of business entity.
You're running all business.
Income taxes ought to be the same.
Regardless of your -- corporation -- corporation or partnership.
And so bringing in those rates down -- always gonna do that.
Is to eliminate a lot of the special provisions in the tax code of some of the deductions.
In order bring the breakdown of so that's fair for all companies and.
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