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Gillespie: NATO Shouldn’t Exist Anymore

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    Author Nick Gillespie on the protests in Chicago and calls for a “Robin Hood” tax.

  • Duration 4:09
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Joining us now nick Gillespie from reason dot TV he's the co wolf all of the declaration of independence how libertarian politics can fix what's wrong.

-- and we have a lightning round -- -- until walk.

They're protesting in Chicago today they want to Robin Hood tax that would be a small tax on every single financial transaction.

A news site.

While I think it's a big mistake you know and let me also say that NATO shouldn't exist anymore it -- it should have dropped off the face -- -- -- -- the Soviet Union -- but.

The Robin Hood tax is a bad idea regardless of what the proceeds are supposed to go for.

All it's gonna do is create a lot of diversion and it's not to create wealth and it's not gonna raise the revenue that people think that you don't like any tax of any kind anytime I'm outside actually totally in favor of user fees that I would prefer to see some kind of consumption Citi our consumption tax.

Replace income tax and things like -- This is just the way of you know the problem with tax codes now is that they're never about getting the revenue needed to do certain things it's just about -- you squeeze a few more cents a -- Our next my next -- the leader of Greece's default left party the Socialist Party he threatens to stop paying off that debt.

If they don't get any more money from the rest of Europe in other words give me some more money -- -- pay anything.

Right you -- I think it's reiterated that -- of Greece should leave.

There were be kicked out of the whole Euro zone there are no good options here.

But probably the least dangerous one is Greece going and going its own way if -- inevitable that they will -- Inevitable no you know it it may almost be inevitable one of the problems with and it's much more complicated in Europe than it is say in Japan but we you know in Japan and starting in America that we have this long slow -- where we're not willing to do.

The first best option which is that and things and make everybody take the haircut now and see if the -- gonna grow back.

That point.

Last one Eduardo sovereign.

He denounced no he renounces.

His US citizenship he says he's gonna live in Singapore.

-- does business that that's why he's going -- -- Schumer says he did it to avoid paying taxes.

Therefore he's got a bill that says you do that and you leave you can't come back and you say.

I think you know this is appalling this is the this is the gesture of a country -- -- nation in decline not one that is so vibrant and really generating.

The type of economic magnetism that draws people and innovators to us.

Whatever else you can -- about Edwards Fernandez -- sovereign and FaceBook and what not.

They have added so much value to American life and -- world like they did say it's just appalling.

To see this kind of stupid action from Schumer which is all too typical of his entire tenure as a senator.

Give us news Alia that may be -- down shifted the amount of money that you are thought to have accumulated.

And then you leave two million net worth.

Or -- down electability -- 48000 so.

You know again I think we're using these big targets you know the billionaires.

To really go after.

Just regular people because that the country is desperate to mirror image is President Obama says I'm going after the millionaires and the billionaires but in fact is that people with 250000.

Dollars in income right -- -- Maryland as you pointed out it's a 100000 sorry about this -- -- Governor Brown.

You know we're gonna go millionaires at 13% -- -- the state cells that seven and a half percent US that's -- local tax all -- but they're convinced that this is all.

Compounding the fact that we we don't have a revenue problem per say in this country we have a spending problem and we have for a long time when you spend too much your revenue goes down even though you're trying to -- more more transaction someone not.

And until.

You know that that the government the economy's gonna go up and down the matter what I'd love to see -- be the business cycle we're not gonna happen you know us are gonna happen any time soon but the one thing that government can do.

Is be fairly stable and predictable in a volatile environment and our.

Government is as bad as it gets in terms of just -- on -- now we're gonna do this now we're gonna do this and they're making a mad -- it's just.

But disaster make a lasting thanks very much for taking -- away from faithful for just issued a -- unless there's this important.

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